Dáil debates

Wednesday, 8 November 2006

National Oil Reserves Agency Bill 2006: Report Stage (Resumed)

 

5:00 pm

Photo of Noel DempseyNoel Dempsey (Meath, Fianna Fail)

The Bill as it stands embraces the intention of Deputy Durkan's amendment. The provisions of section 14 are comprehensive in regard to the appointment and removal of directors. The directors of the NORA board, who will be in situ when section 14 is commenced, should continue in office under the terms on which they were appointed and the expertise of board members should remain available to the agency as it becomes an independent State body.

With regard to amendment No. 37, it is not appropriate to include references in this Bill to possible future amendments to other legislation. Accordingly, references to any future amendments to the Ethics in Public Office Act 1995 are not appropriate to the Bill and the amendment is not acceptable. If the Ethics in Public Office Act is amended at some point in the future, it can be made to incorporate NORA, or new legislation can be introduced in that regard.

Amendment No. 41 is not warranted because the Bill as drafted will allow ministerial direction to be given to NORA regarding the manner in which a strategy statement should be prepared and will take account of any legislative provisions underpinning the submission of such documents.

Amendment No. 46 is unnecessary because directions given by the Minister will be in accordance with legislation and have regard to the common good. It is assumed that all legislation is drafted for the common good.

Deputy Durkan's purpose in introducing these amendments was to ensure certainty in respect of aspects of the Bill. The Deputy can accept my assurances that the caution he advocates in the amendments is catered for in the Bill as it stands.

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