Dáil debates
Thursday, 9 November 2006
National Oil Reserves Agency Bill 2006: Report Stage (Resumed).
12:00 pm
Bernard Durkan (Kildare North, Fine Gael)
I move amendment No. 63:
In page 17, line 31, after "billion" to insert "unless otherwise provided for".
I do not intend to press this amendment because we discussed it on Committee Stage. I accept the explanation given by the Minister at the time. I proposed the insertion of "unless otherwise provided for" because I anticipated circumstances changing dramatically on account of the value of business being transacted by the agency. An existing provision might not be sufficient if the situation changed but I accept the Minister's point that ministerial control and responsibility have to be maintained.
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