Seanad debates

Thursday, 29 March 2012

Qualifications and Quality Assurance (Education and Training) Bill 2011: Committee Stage

 

2:00 pm

Photo of Ciarán CannonCiarán Cannon (Galway East, Fine Gael)

The IUQB is a limited company established under the Companies Act. Even if we wished to do so, it is not possible for legislation to seek the winding down of a company which was independently established by the universities. If we were to pass such legislation, there would be nothing to stop them from forming a new company 20 minutes later. There is no reason to include the amendment. It is our understanding the universities wish to wind up the IUQB after the authority's establishment.

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