Robert Troy (Longford-Westmeath, Fianna Fail) | Oireachtas source

To reiterate, work is well advanced. We met with the key stakeholders, that is, the employers and union representative bodies, last November. The CLRG has already commenced the work and published the first phase of its report.Two of it proposals will be adopted in the next number of weeks when the small business package is brought before the Oireachtas. This legislation will enable us to implement two of these recommendations.

The second phase will report in September, which is only a number of months away, and relates to the complex area of the splitting of assets, which we want to ensure that we get right. I am giving a commitment that the recommendations will be reviewed swiftly when we receive them from the CLRG and any recommendations that need to be implemented or introduced on a legislative basis will be done without delay. The Senator should make no mistake; this matter is receiving the full attention of both the Minister of State, Deputy English, and me and we are determined to ensure that the relevant safeguards are put in place.