Oireachtas Joint and Select Committees

Thursday, 3 July 2014

Committee on Transport and Communications: Select Sub-Committee on Transport, Tourism and Sport

State Airports (Shannon Group) Bill 2014: Committee Stage

2:10 pm

Photo of Timmy DooleyTimmy Dooley (Clare, Fianna Fail) | Oireachtas source

This committee participated in the discussion around the heads of the Bill when it was first published. At the time, we sought the views of different stakeholders. In that context, we had a number of submissions. I recall there was concern in a number of quarters about the borrowing potential, which I think is set at €100 million. The concern was that there might be a need to increase that and that even the borrowing would be with the approval of the Minister for Public Expenditure and Reform. A number of parties queried whether the potential existed to involve the Department of Finance, which tends to be quite conservative in the minds of most, about permissions in that regard. They queried the need for the Department of Public Expenditure and Reform to have a role in that regard. Will the Minister comment on that?

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