Patrick O'Donovan (Limerick County, Fine Gael) | Oireachtas source

This is a minor technical Bill. Section 1 amends section 24 of the National Tourism Development Authority Act 2003, as previously amended in 2011. This amendment is being made to reflect changes in ministerial roles and responsibilities since the legislation was first amended in 2011 and provides that, with the consent of the Minister for Public Expenditure and Reform rather than the Minister for Finance, the Minister for Transport, Tourism and Sport may make allocations to Fáilte Ireland, being the National Tourism Development Authority as constituted under this Bill, from moneys provided by the Houses of the Oireachtas.

Section 24(2) of the National Tourism Development Authority Act 2003, as amended in 2011, is being amended to provide for an increase in the cumulative limit that can be provided by the Oireachtas to the National Tourism Development Authority, Fáilte Ireland, in relation to capital expenditure. The limit is being increased from €150 million to €300 million.