On the section, I feel that the report by the High Court inspectors into Greencore, the ongoing inquiries into Telecom Eireann, and the Aer Lingus Holidays affair underpin the reason why the Revenue Commissioners should be given power to take action in respect of returns in relation to foreign accounts. I have little more to say on that because I believe the point is well made.
However, I would like to make an inquiry, on page 212, subsection (3), line 45, the records required to be kept or retained there, have to be in written form in the official language of the State. Would that regulation require a professional body of accountants or indeed a company to translate, say, invoices from a French or German bank into Irish or English. Why not record them in an official language of the Community because that seems to me to be excessive.
