Joe O'Toole (Independent)

On a point of order, I concur completely. I read the Standing Order and I cannot see the difficulty. We may be missing something. I cannot see how recommendation No. 2, which calls for a report on a form of taxation raises the question of a potential charge on the people or State. I do not see it. The Cathaoirleach may have made an error. It may have been misread. A casual reading of the amendment may give the impression that it called for the introduction of a Tobin tax, which is not the case. In fact, it is quite the reverse. It puts the introduction of anything on hold. The recommendation asks for a report to consider a tax on financial transactions worldwide, which has been widely discussed in other places around the world. People have examined the matter and there is an international discussion on it. The proposal is that there be a discussion, following a report, on the issue. I ask the Acting Chairman to reconsider his ruling on the recommendation.