Timetable for promised legislation
Bernard Durkan asks about the status and publication dates of legislation on collective investment schemes, the Central Bank and companies. The Taoiseach says the first Bill’s heads are unapproved, the Central Bank Bill is expected next year, and the companies Bill is expected late this year.
What is the current position with the collective investment schemes consolidation Bill, which is promised and for which there is an obvious and pressing need? Similarly, the Central Bank (consolidation) Bill is also promised and is also very much required.
Comment on this
We do not need the added comments. Will the Deputy just ask the question? There are many Deputies here.
Comment on this
We do not want to go through this every morning. Just ask the question about the legislation.
Comment on this
If I did that, a Cheann Comhairle, I would not be able to represent the people who sent me here. The third legislative measure is the companies Bill. This is also promised and there is an obvious and pressing need for it. Have the three promised legislative measures been discussed by the Cabinet, have the heads been approved-----
Comment on this
It has been standard practice in the House for as long as I have been a Member, unless it has been changed and I do not know about it. Have the heads of the respective Bills been approved? Can some indication be given as to when they are likely to be brought to the House and when they are likely to become law?
Comment on this
The heads of the collective investment Bill have not yet been approved and there is no date for the publication of the Bill. The Central Bank (consolidation) Bill will be published next year. The heads of the companies Bill were cleared a number of years ago. There are 1,300 sections in the Bill and it is expected to be published late this year.