Martin Conway (Fine Gael) | Oireachtas source

I welcome the Minister and commend him on a considered night's work. The legislation and the sections that we are dealing with are essential and are in the national interest. While the Bill could be classified as emergency legislation certainly it is not a knee-jerk reaction. It is a calm and well thought out, well prepared and well considered piece of legislation which has become active due to circumstances. Obviously the Minister, in consultation with his officials, had properly prepared for the circumstances and had a contingency plan in place. To compare the legislation in any way to the 2008 bank guarantee late night decision is completely inappropriate.