Mary Coughlan (Donegal South West, Fianna Fail)

What the Senators are proposing is an addition to the proposed subsection (5A) of section 194 of the Companies Act 1963. The amendment creates an offence the fine for which is €10,000. I appreciate where they are coming from and their enthusiasm for sending a message. However, as it stands the fine is €1,900. It used to be £100, but that was a long time ago. It has been increased accordingly. There will be reforms in the consolidation Bill, major legislation that is coming in, although Senator O'Toole will go through me for a shortcut when I say that.