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 Richard BrutonRichard Bruton (Dublin Bay North, Fine Gael) | Oireachtas source

I want to ask a very basic question. When you look at the Article 4(1) of that regulation, you have types of infrastructure such as investment, technologies, inputs and sensitive information. There is a huge range of potential areas of investment. It goes into water and energy. Virtually any infrastructure is open to consideration under this Act. Does this require the Minister to examine a huge range of such notifiable investments across many sectors, where there is potential abuse of technologies or dual-use and so on? Does the Minister funnel the ones that have to be examined? Are there going to be vast numbers coming in with most of them just a box ticking exercise, or how is this going to work?

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