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

7:10 pm

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

I can assure the Deputy that the issue is very clear. The Minister can only act on the powers based in the legislation, which are set up in the individual entity.

For this reason, it is not possible to act ultra vires.

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