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Snippet Contents:

As the Minister of State said, Deputy Pearse Doherty's Bill will be taken into account in that process but, as I outlined, there are a number of areas of concern in the proposed amendments that will require further examination and consideration. The Government, in agreeing with the spirit of the Bill, will not oppose it on the basis that it will continue towards ensuring that any changes to the legislation governing the Central Bank's powers are well reasoned and robust enough to withstand challenge. I thank the Deputies opposite for bringing this forward. It was a robust and interesting debate and we do not oppose the spirit of the Bill. We believe there are further changes that can be made to it.