Insurance requirements for marts

Summary

Stagg asked whether marts could be required to have insurance or bonding. The Minister agreed protection was essential and said he would consider recommendations or regulations.

Emmet Stagg Mr. Stagg Labour Party

Would the Minister consider making it a requirement in the future that marts have insurance or bonding to ensure that this problem will not arise again?

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Seán Treacy An Ceann Comhairle Independent

That raises a separate matter.

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Michael O'Kennedy Mr. O'Kennedy Fianna Fáil

I would agree that it is absolutely essential that marts have insurance to protect themselves, their customers and creditors. I will consider making strong recommendations and, if necessary, introducing regulations to ensure that this is the case.

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