Michael Finneran (Roscommon-South Leitrim, Fianna Fail)

There is a roll-over bond situation, but guidelines were issued in 2007 and updated in 2008 to address the specific issue under discussion. As Senator Butler stated, it is a matter for the local authority to ensure the bond it signs covers what it wants to get done. It is not a question of further legislation. Rather, authorities must implement the law and draw up their bonds in line with our guidelines. They must work in a way that protects them and the public.