Oireachtas Joint and Select Committees

Tuesday, 8 December 2015

Select Committee on Jobs, Enterprise and Innovation

Credit Guarantee (Amendment) Bill 2015: Committee Stage

1:30 pm

Photo of Gerald NashGerald Nash (Louth, Labour) | Oireachtas source

I move amendment No. 30:

In page 3, line 5, after “2012;” to insert the following:“to enable the Minister for Jobs, Enterprise and Innovation, pursuant to a counter guarantee scheme made by that Minister of the Government, to give counter guarantees to promotional financial institutions for guarantees given by the institutions to finance providers in respect of finance agreements entered into by the finance providers with qualifying enterprises; to place a yearly monetary limit on the potential liability of that Minister of the Government in respect of all credit guarantee schemes and counter guarantee schemes taken together;”.

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