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)

I understand the Deputy's reason for tabling the amendment but it is unnecessary because any direction given by a Minister must take into account a range of factors, all of which constitute the conditions pertaining at the time in question. I cannot recall any Minister who totally ignored the conditions pertaining at any particular time and directed a State company accordingly. It cannot be done and should not be done.

As is the Deputy's intention, the conditions at any given time must be taken fully into account, as must Government policy and legislation. I assure the Deputy it is not possible to make decisions such as those in question or to give directions without taking into account the circumstances and conditions of the time.

By way of further comforting the Deputy, let me say I know enough about the semi-State bodies under my Department's aegis to know that if I gave a direction to the chief executive of one in respect of a particular matter without taking into account the conditions of the time, I would have great difficulty convincing him or the board of directors, which would ultimately have fiduciary responsibility for the body. The Deputy is suggesting the Minister would make a decision according to whim. I assure him that his amendment is not needed as what he proposes must be taken into account in any case.

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