Dáil debates

Wednesday, 18 January 2012

Energy (Miscellaneous Provisions) Bill 2011: Report Stage

 

11:00 am

Photo of Pat RabbittePat Rabbitte (Dublin South West, Labour)

I move amendment No. 8:

In page 48, line 19, to delete "or" and substitute "and".

This is a purely technical amendment. It substitutes the word "and" for "or". The amendment corrects a minor error in section 20 which was inserted into the Bill on Committee Stage. Section 20 enables the Minister for Communications, Energy and Natural Resources to dissolve by order certain non-trading statutory subsidiaries of Bord Gáis Éireann, BGÉ. Bord Gáis Éireann is seeking to wind up these subsidiaries in the interest of the good corporative administration of the BGÉ Group and in doing so remove an unnecessary administrative and corporative compliance burden.

The amendment substitutes the word "and" for the word "or" at the end of paragraph 2(a ), as it is intended that both the rights and liabilities of the non-trading statutory subsidiaries would transfer to BGÉ on dissolution of these subsidiaries.

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