Oireachtas Joint and Select Committees

Tuesday, 1 July 2014

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

National Treasury Management Agency (Amendment) Bill 2014: Committee Stage

5:55 pm

Photo of Fergus O'DowdFergus O'Dowd (Louth, Fine Gael) | Oireachtas source

I move amendment No. 4:


In page 16, to delete line 20 and substitute the following:“shown.”.
“(4) Any contract or instrument which, if entered into or executed by an individual, would not require to be under seal, may be entered into or executed on behalf of the Agency by any person generally or specially authorised by the Agency to act in that behalf.”.”.
This amendment deals with procedures in the agency and allows authorised members of staff to act on behalf of the agency in entering into contracts and in respect of instruments which do not require that they be authenticated by the seal of the agency. The purpose of the amendment is to allow the normal delegation of functions within the agency.

Comments

No comments

Log in or join to post a public comment.