Ivor Callely (Fianna Fail)

I thank my good friend and colleague, the Minister of State, Deputy Kelleher, for bringing Members through this technical and detailed legislation. Together with him, I congratulate the team from his Department who accompanied him, my colleagues who participated and the Seanad support staff. Senator O'Toole made a very interesting point about compliance in the context of this legislation. Perhaps the Department will consider keeping those of us who have been involved in today's debate informed about how this issue, which has prompted many things to happen in recent times, is being addressed. One would question why the argument made by Senator O'Toole cannot be accommodated at this time. We all recognise that there are usually very good reasons for that. The comment made by the Director of Corporate Enforcement needs to be considered. I am sure there are balancing arguments on the other side. We should not be getting into this type of debate at this stage because we have already had it. I would like to be kept informed of what is being done in the compliance area. I am sure Senators O'Toole and Cannon will agree with me when I say that the Department should take note of that.