Noel Dempsey (Meath, Fianna Fail)

The amendments proposed are a re-arrangement of the text. On advice from the Parliamentary Counsel, I am satisfied that the text should remain unchanged. It does not need any further clarification. The section states:

The Minister shall by order appoint a day to be the day on which the Irish National Petroleum Corporation Limited transfers the share owned by it in the National Oil Reserves Agency Limited to the Minister.

This provides for the making of an order by the Minister appointing a day on which the INPC will transfer its shareholding in the agency to the Minister. It is very straightforward and it does not need to be changed.

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