As the Deputy will recollect, I announced in mid-September my proposal to publish a discussion document on governance and accountability arrangements in the regulatory process in relation to the sectors which come within the ambit of my Department. I invited comments from the public in the context of the discussion document and these submissions are now being received. At the request of a number of parties, I have decided to extend the deadline for receipt of submissions until 30 November 1999.
The time is right to launch a discussion on governance and accountability issues, drawing on the experience gained to date. In particular, I intend that the discussion document will address the following aspects of the regulatory process: the relationship between regulators and Ministers, the Oireachtas, the courts and the general public; the responsibility of regulators to look after consumer interests; overlapping jurisdictional issues; enforcement of a regulatory framework; adequacy of current statutory arrangements on the impartiality and transparency of procedures and decision-making processes of regulators; and whether the regulatory authority in each sector should comprise one individual regulator or a regulatory board.
I do not have specific proposals for the establishment of a super regulator. However, I am committed to reviewing the arrangements for the accountability of regulators in the public enterprise sectors.