Oireachtas Joint and Select Committees

Wednesday, 22 May 2024

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Scrutiny of EU Proposals

Mr. Dermot Ryan:

There are two legal bass. There is Article 117.3 of the TFEU, which concerns the competitiveness of the Union's industry and Article 114 of the TFEU, which concerns the establishment and functioning of the internal market. That is why, as was stated earlier, that this is an industrial measure. The legal basis on which this measure is based is an industrial provision of the treaty.

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