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

7:00 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

No. I asked first about the designated bodies stipulated here going from (a) to (f) and any other State bodies. As the Chairman indicated, Irish Water legislation had a stipulation regarding a resolution of the Oireachtas. The Oireachtas is about to pass a resolution that will allow for a Minister to "direct" - we will come back to that word momentarily - an agency to sell or wind down any of these designated bodies, from the ESB, Bord Gáis, Bord na Móna, Coillte, EirGrid, Irish Water or any other State body. It does not require the approval of the Houses of the Oireachtas.

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