Seanad debates

Wednesday, 27 November 2013

Companies (Miscellaneous Provisions) Bill 2013: Report and Final Stages

 

2:55 pm

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

I thank the Minister of State for his graciousness in regard to amendments Nos. 4 and 5. I am sure we will have further discussion on the issue. We were all agreed before we took the division that this area needs to be confronted. Earlier we had tributes to former Senator McGlinchey who spoke for 12 successive hours. I congratulate the Minister of State on dealing with 1,400 sections in 24 hours. I thank him and will be delighted to co-operate in regard to the points made. There is a wisdom in these Houses and perhaps somebody does business in New Zealand and finds the accounts reliable, and similarly in Bermuda. The issue of Bermuda came to my notice because in diplomatic terms we class Canada and Bermuda together. Our ambassador in Canada also serves Bermuda. That alerted me to the connection between the accountants and that they are of the same calibre. This information is in the House and can assist the Minister of State.

I thank the Minister of State for his kindness and consideration. I will not push this amendment as it would be extremely churlish of me given the Minister of State has said it will appear under another guise. That may happen very quickly given the committee has moved so fast on the Bill.

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