Business of Select Committee

I remind Deputies to ensure their mobile phones are switched off. This is important because the use of mobile phones can cause serious problems for broadcasting, editorial and sound staff. Apologies have been received from the Chairman of the committee, Deputy McGuinness. In his absence, is it agreed that I will chair this meeting? Agreed.

The purpose of today's meeting is to carry out our Committee Stage consideration of the Migration of Participating Securities Bill 2019, to be followed by our Committee Stage consideration of the Investment Limited Partnerships (Amendment) Bill 2019. I welcome the Minister of State at the Department of Finance, Deputy D'Arcy, and his officials. He will present both Bills to the committee. In order to provide for the smooth running of this meeting, any Deputy acting in substitution for a member of the committee should formally notify the clerk now, if he or she has not already done so. Divisions will be taken if and as they arise.