Tom Hayes (Tipperary South, Fine Gael) | Oireachtas source

When I introduced the Forestry Bill 2013 to Members on Second Stage, I said the purpose of the Bill was to reform and update the legislative framework relating to forestry. It is intended to support the development of a modern forestry sector that can operate in accordance with good forestry practice and with a view to protection of the environment. The Bill is about forestry and good forestry practice; it is not about Coillte. I emphasised that point at the beginning of Second Stage. The provisions are applicable to public and private forest owners, who are growing in numbers, as we all know.

As members will be aware, on foot of a Government decision in June 2013, an analysis is currently being undertaken in respect of a merger of Coillte and Bord na Móna. The analysis is being overseen by NewERA and the relevant stakeholders Departments. It will include financial analysis of the identified costs and benefits that could arise from the merger of the two entities. It will consider legal and technical issues arising from the merger of the entities. It will set out the structures, the merger options available and the advantages or disadvantages associated with each and consider an integrated approach to a merged entity.

It was also decided in June 2013 that a restructuring of Coillte overseen by NewERA and the relevant stakeholder Departments should be undertaken. Proposals in respect of restructuring are currently being considered and evaluated by NewERA. The Government will consider all options to maximise value from Coillte when restructuring is complete. Pending receipt of the report of the analysis from NewERA and the outcome of the restructuring of the company, it is premature to suggest that there is a need for a review of the 1988 Act to redefine Coillte's objectives and operations. Consequently, I am not in a position to agree to the amendment.