Oireachtas Joint and Select Committees

Wednesday, 25 January 2023

Select Committee on Jobs, Enterprise and Innovation

Screening of Third Country Transactions Bill 2022: Committee Stage

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail) | Oireachtas source

I move amendment No. 1:

In page 6, line 1, after “an” to insert “asset or of an”.

Amendments Nos. 1 and 2 extend the definitions of “acquire” and “control” to make it clear that transactions relating to assets, as well as understandings, are within scope of the Bill where a security risk may arise. This is not a policy change; this was always the intention in the published draft. It is purely a clarification, along the lines of simplification, as I suggested, in order that stakeholders will understand the intent of the Bill and their obligations arising from that intent.

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