Billy Kelleher (Cork North Central, Fianna Fail)

I thank Senators for their co-operation with the Bill. This is the second company law Bill initiated in the Seanad in 2009; therefore, we are fond of introducing such legislation here. This is a Chamber that can help in broadening the knowledge and input into legislation. On an issue raised by Senator O'Toole in the context of the company law review, there has already been broad consultation, because a wide ranging body of interests has been involved in feeding the input into the consolidation of that Bill. Whichever Chamber in which the Bill is initiated, it will take a long time to go through the legislative procedure. It is possible we might need a dedicated committee, at some stage, to go through the proposed legislation in detail, in addition to the two Houses. That is for another day, however, and I assure Members it is continually being worked on and updated. This Bill will form part of that legislation as well, when it is finally published.

Again, I thank Senators and thank the officials, who have been working very diligently. I am grateful, too, for the co-operation of the House and the Clerk of the Seanad.