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Dáil
‹ Leaders' Questions

Timetable for promised legislation

Summary

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.

Bernard Durkan Deputy Bernard J. Durkan Fine Gael

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.

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Seán Barrett An Ceann Comhairle Fine Gael

We do not need the added comments. Will the Deputy just ask the question? There are many Deputies here.

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Bernard Durkan Deputy Bernard J. Durkan Fine Gael

I was just trying to be helpful, a Cheann Comhairle.

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Seán Barrett An Ceann Comhairle Fine Gael

You do not need to be helpful, thank you.

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Bernard Durkan Deputy Bernard J. Durkan Fine Gael

In an effort to be more helpful or unhelpful, as the case may be-----

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Seán Barrett An Ceann Comhairle Fine Gael

We do not want to go through this every morning. Just ask the question about the legislation.

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Bernard Durkan Deputy Bernard J. Durkan Fine Gael

I know, a Cheann Comhairle, but I am trying to help you as well.

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Seán Barrett An Ceann Comhairle Fine Gael

You do not need to help me but the best thing you can do for me is to stay quiet.

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Bernard Durkan Deputy Bernard J. Durkan Fine Gael

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-----

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Seán Barrett An Ceann Comhairle Fine Gael

You cannot ask what is discussed in the Cabinet. That is confidential.

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Bernard Durkan Deputy Bernard J. Durkan Fine Gael

I am quite entitled to ask that question.

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Seán Barrett An Ceann Comhairle Fine Gael

You are not entitled to ask what was discussed at Cabinet.

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Bernard Durkan Deputy Bernard J. Durkan Fine Gael

I am entitled to ask whether the heads of Bills have been approved.

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Seán Barrett An Ceann Comhairle Fine Gael

That is a different issue.

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Bernard Durkan Deputy Bernard J. Durkan Fine Gael

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
Enda Kenny The Taoiseach Fine Gael

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.

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