Ivor Callely (Fianna Fail)

While I appreciate the Minister of State's response, I wish to ascertain whether there will be costs to any of the agencies regarding the requisite formalities on foot of the enactment of this legislation. I appreciate that both the Minister of State and the Bill's explanatory memorandum have noted there will be no cost to the Exchequer. Surely, however, measures such as the transfer of shares or the transfer of a nomination of one person to another necessitate the exchange of some legal documents. While my point does not necessarily pertain specifically to this Bill, I am trying to establish who carries the costs when such changes are required. Is it the case that there will be no costs whatsoever at any level? I ask out of curiosity.