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 Louise O'ReillyLouise O'Reilly (Dublin Fingal, Sinn Fein) | Oireachtas source

It has. I tabled a number of amendments in a similar vein that were ruled out of order regarding the inclusion of the public good. These include amendments Nos. 3, 12, 24, 27, 29 and 31 to 33, inclusive, and many more. I recognise the importance of establishing a mechanism to screen foreign direct investment but the public good is also important. We have seen that housing and other important assets have perhaps been bought, taken out of the hands of the State and used in a manner that is not in the public good. It was to protect against that I tabled these amendments, which I accept - I know the Chair is indulging me in speaking to them - have been ruled out of order. However, we need to guard against institutional investors buying houses. I refer not just to new houses but second-hand houses as well. I have a concern with regard to the public good. Notwithstanding the fact that these amendments have been ruled out of order, perhaps the Minister of State will make a comment.

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