Alan Kelly (Tipperary North, Labour) | Oireachtas source

As the Acting Chairman has said, the amendment was discussed earlier so I shall not go over old ground. We have had a comprehensive debate.

I know where Senator Barrett is coming from because he has relayed his comments on numerous occasions. As he is well aware, the Bill proposes to create a regulatory framework. There is a capacity for new entrants. It was unfair of him to say that there is none because structures have been put in place. It has been consistently stated in the Bill that we are creating a framework to improve the industry. The Senator has also made consistent arguments on economic theories and the current state of the industry but I have opposed them on many occasions here. His arguments stem from the right reasons but the industry needs to completely change its regulatory framework. There is access to the market but we must ensure that those who operate in it and will operate in it do so in an acceptable fashion.