Seanad debates

Thursday, 17 July 2014

National Treasury Management Agency (Amendment) Bill 2014: Committee and Remaining Stages

 

1:55 pm

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

I move amendment No. 9:


In page 29, line 18, after “to” to insert “or from”.
This refers to the functions of the agency to enter into a public private partnership arrangement with a view to transferring the rights and obligations under such an arrangement to any State authority. I wondered if the Minister would on occasion need to go in the opposite direction. At present, what is proposed is a one-way street. Should the Minister wish to exit or reduce such an arrangement, he will need flexibility, and providing that flexibility in the operation of this section is the purpose of my amendment.

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