Oireachtas Joint and Select Committees

Tuesday, 1 July 2014

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Business of Select Sub-Committee

5:00 pm

Photo of John DeasyJohn Deasy (Waterford, Fine Gael)
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This will not take long and I appreciate this opportunity to give notice that I will table amendments on Report Stage. Their substance concerns Part 6 of the Bill, relating to the Ireland Strategic Investment Fund. In essence, I seek to ensure this fund takes account of balanced regional development. When the fund is in place via legislation the agency administering it should pay due attention to the different factors that influence balanced regional development. That is to say, account must be taken of where money from the fund goes over time. This would be done through the annual report and the reporting stipulations in the legislation.

My other amendments are similar in that they allow Ministers a nexus to ensure balanced regional development results from the fund.