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Snippet Contents:

As a small businessman of 32 years and sole trader who transferred to a company a year ago, I too welcome the opportunity to contribute to this debate. I am also involved in a number of companies limited by guarantee, which are a different animal altogether.
I welcome the efforts being made in this area. I heard the contributions made by the Minister and main spokespersons. This legislation deals with issues such as overview, examinations and so on, all of which are necessary. I was shocked to hear that the Bill comprises 15 Parts and 1,300 pages and that a copy of it costs €109, which is an enormous amount of money for any businessman, director or member of the public. The cost is excessive and the Bill is too lengthy. Very few directors would have time to read its 1,300 pages. One could read a novel by the late Maeve Binchy or even Deputy Shane Ross's book on the bankers quicker. I do not seek to promote any book above another.
Bureaucracy is creating huge difficulties for businesses. We have been constantly told over the past 15 to 20 years, or even longer, that this level of bureaucracy is required under EU regulation.