Billy Kelleher (Cork North Central, Fianna Fail)

We hope this will give confidence to take on any challenges or investigations required and that it will be seamless in the context of person staying on until an inquiry is complete.

My speaking notes pale into insignificance compared to Senator O'Toole's explanation of the need for the amendment. The work of the company law review group on the consolidation of company law is a huge undertaking. All of the companies Acts will be incorporated in the final company law Bill. We will set a calendar date when we believe publication will take place and the Bill will be ready to go through the Houses but that has slipped because we knew this would be a huge undertaking. There are 1,200 sections in the company law legislation being considered by the review group. The amendment is necessary and we hope it will comfort those involved in inquiries who are coming to the end of their term.