Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

We have come to the kernel of what this legislation is about. To use a phrase that is well known to most people, this legislation does what it says on the tin. The legislation is called the Investment Limited Partnerships (Amendment) Bill 2020 and the essence of it is to give limited liability to limited partners. If we were to in some way take away a limited liability from a limited partnership, where would the legislation be after that? That is what it says on the tin or on the front cover and this section is copper-fastening what is stated in the Title. I find it hard to reconcile calling the legislation the Investment Limited Partnerships (Amendment) Bill 2020 while delimiting the limitations of liability of the actual partnerships. I would make that overall point. The Senator and I probably have different views on what the entire Bill is about. She says the right thing to do is to take out the section or if that is not possible to make some amendments, but everything she has said goes against the grain of what the legislation is about.