Oireachtas Joint and Select Committees

Wednesday, 20 March 2024

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

Illegal Israeli Settlements Divestment Bill 2023: Discussion

Mr. Oliver Gilvarry:

With the Bill as it is, because of the companies and the uncertainty over the updating of the list, are there are companies on it that say they are not involved and to divest out of them? That is what it comes back to and we will have to do our own work on this. That is also what it comes back in if we have to deal with firms. Therefore, the unintended consequences part is to ensure that it is robust constitutionally and operationally and that there is a framework wherein entities will know what the rules of the game are. That will help prevent a situation where we have unintended consequences whereby a firm has basically said it is not involved or it is very minimal with regard to our activity. That is where the unintended consequences could come through.