Seanad debates

Thursday, 11 March 2010

Criminal Justice (Money Laundering and Terrorist Financing) Bill 2009: Committee Stage.

 

12:00 pm

Photo of Paschal DonohoePaschal Donohoe (Fine Gael)

The amendment appears to make eminent sense, but I have a question for the Minister as to why the figure of €15,000 is being included in the Bill. It is unusual to see an actual figure included in this legislation. I think it would have made sense to give the Minister the ability to state what the figure is and then perhaps revise it over time in line with his or his Department's experience of how the legislation is working.

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