Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

That is not correct. The purpose of these measures is to ensure that securities issued by Irish Water will be subject to the same tax treatment as securities issued by other State bodies such as the ESB, Bord Gáis Éireann, RTE, CIE and Bord na Móna. I do not think there is a big plan to privatise all of those institutions.