Well, I'm not really sure it'd kneejerk - they've been promising this for feckin years, and this current one was what Lenihan was about to publish when he was moved. I'd like to see when it's actually going to come into force, as they're very fond of multiple press releases without actually putting it into law.
And btw, a bigfor introducing it in a press conference during easter recess rather than in the Dail where it should be.
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