On behalf of the select committee, I welcome as a new member, Deputy John Cregan, who was appointed by the Dáil on 16 November in substitution for Deputy Conor Lenihan.
The purpose of the meeting is to consider the Council of Europe Development Bank Bill 2004 which was referred to the select committee by Dáil Éireann on 16 November. I welcome the Minister of State at the Department of Finance, Deputy Parlon, and his officials. There is a list of proposed groupings of amendments. It was suggested that a number of amendments be grouped but as the Deputy concerned is not here, we will deal with them one by one. Members should not make Second Stage speeches but stick strictly to the section under consideration.