Sean Barrett (Independent) | Oireachtas source

I have a query on section 7. The Minister of State, Deputy Lynch, said that some countries' auditing standards are deemed not to be the equivalent of those in the European Union. We will let that go given our earlier conversation but included in the list was New Zealand. It struck me as strange that New Zealand would be classified as a country whose accountancy and auditing standards were low. I ask the Minister of State to check that between now and Report Stage, especially as there are many New Zealanders around this week who might be annoyed if Members of the House were casting aspersions. Whatever about the rugby, if the Minister has evidence that their accounting standards are too low we will be glad to hear him on that on the next occasion we debate the Bill.