Seanad debates
Wednesday, 20 May 2009
Companies (Amendment) Bill 2009: Committee Stage
Ciarán Cannon (Progressive Democrats)
I am concerned that every amendment proposed by us and Senator O'Toole will be fobbed off with the suggestion that it will be covered when the consolidation legislation is introduced. This is an opportunity to send out a strong signal. It gives discretion to a court to apply a fine of up to €10,000, it need not be the entire €10,000. The Minister should take this on board and send out the right signal. There are constant calls for co-operation from the Opposition. This is such an occasion and the Minister should reciprocate.
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