Marc MacSharry (Fianna Fail) | Oireachtas source

We are not happy with this provision. I do not believe the Minister is happy with it either. How long is a piece of string? Will it be in place for one, two, three or four years? We are all aware of the scenario that arose yesterday, with ¤329 million becoming ¤374 million in a month. People need confidence in this process. What is happening is that a new entity is being established with no change in personnel. Express parts of the legislation state that the only way one can qualify for the position is to have already held the position under the previous regime which did not work.

We will reflect on this between now and Report Stage. I ask that the Minister do likewise. I believe this is not in the public interest.