Jim Daly (Cork South West, Fine Gael) | Oireachtas source

I do not propose to accept amendments Nos. 9 and 10. These amendments relate to the appearance of the CEO before the Committee of Public Accounts. The purpose for which the CEO appears before the Committee of Public Accounts is for the committee to examine and report to Dáil Éireann on the annual financial statements and reports of the Comptroller and Auditor General on Children's Health Ireland. Children's Health Ireland, CHI, will be preparing financial statements that follow the standard rules and will be audited by the Comptroller and Auditor General. Section 9 of FRS 102, which is the financial reporting standard, deals with the requirement to prepare consolidated financial statements. Under that section, the new body will be required to present a financial statement for itself and any of its subsidiaries on a consolidated basis. This means that the CEO is already required to give evidence on the economy and efficiency of a subsidiary of the new body in the use of its resources and the systems, procedures and practices employed by a subsidiary of the new body for the purpose of evaluating the effectiveness of its operations. It would be unnecessary, therefore, to reference this separately. While I agree with the sentiment proposed by the Deputy, I understand that it is a duplication and, accordingly, I do not intend to accept amendments Nos 9 and 10.