Oireachtas Joint and Select Committees

Tuesday, 1 October 2013

Committee on Transport and Communications: Select Sub-Committee on Communications, Energy and Natural Resources

Gas Regulation Bill 2013: Committee Stage

5:10 pm

Photo of Pat RabbittePat Rabbitte (Dublin South West, Labour) | Oireachtas source

It is unconscionable to suggest that whoever is the Minister would be behind the door in accounting for a transaction of this size. We have never had a forced sale in these circumstances since 1922. This is a significant transaction with its origins in the bailout programme and the fact that we have to borrow money in the fashion that we are all aware. Deputy Naughten has somewhat more time on his hands these days than I have. I may be getting into trouble here but I seem to recall in the Dáil reform package announced last week a section that requires Ministers, following the enactment of legislation, to come back 12 months later to account to committees on whether the particular legislation has served the purpose for which it was designed and if there are parts of it not invoked and so on.

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