Brendan Howlin (Wexford, Labour)

I move amendment No. 74:

In page 14, before section 25, to insert the following new section:

25.—(1) The Act of 1986 is amended—

(a) in section 12, by the substitution of the following subsection for subsection (1):

"(1) The articles of association of the Company shall be in such form consistent with this Act as shall be approved of by the Minister for Public Expenditure and Reform.",

and

(b) in subsection (5) of section 14, by the substitution of "the Minister for Public Expenditure and Reform may determine" for "the Minister, with the consent of the Minister for the Public Service, may determine".

(2) The amendment of section 12 of the Act of 1986 effected by this section shall not apply in respect of the articles of association of the Company (within the meaning of the Act of 1986) in force immediately before the commencement of this Part.

(3) In this section "Act of 1986" means the National Lottery Act 1986.".

The amendment in respect of section 12(1) of the National Lottery Act 1986 provides for the substitution of section 12(1). It provides that the articles of association of the company shall be in such form as shall be approved of by the Minister for public expenditure and reform. This does not apply in respect of articles of association currently in force. The amendment in respect of section 14(5) of the National Lottery Act provides that the directors of the company shall hold office for such term and upon such terms and conditions as the Minister for public expenditure and reform may determine when appointing them. This amendment also provides for the new definition of the "Act of 1986" as the National Lottery Act 1986.

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