Seanad debates

Wednesday, 1 October 2008

Credit Institutions (Financial Support) Bill 2008: Committee Stage.

 

6:00 pm

Photo of Joe O'TooleJoe O'Toole (Independent)

I accept the Minister's reference to the need to avoid legislative clutter, but the Chair will note that my suggestion avoided legislative clutter. It would provide comfort for us that the Minister would move along the lines indicated by the Labour Party amendment. One option to do this would be a remuneration committee system structured by the Department of Finance on the basis of a documented report from the higher remuneration body of eight years ago. The higher remuneration body would be another option. We want an indication from the Minister that he will return to us with such a structure. We want to know what he plans to do, without tying him down with legislative clutter.

Comments

No comments

Log in or join to post a public comment.