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
Dara 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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