Fergus O'Dowd (Louth, Fine Gael) | Oireachtas source

I move amendment No. 23:

In page 45, between lines 14 and 15, to insert the following:"Report and information to Minister relating to operation of Fund

49.The Agency shall in each report under section 13(1) of the Act of 1990, subject to preserving confidentiality in regard to commercially sensitive information, include the following information in relation to the Fund for the year to which the report relates:

(a) the investment strategy pursued;

(b) the investment return achieved by the Fund;

(c) a valuation of the net assets of the Fund;

(d) a detailed list of the assets of the Fund at the end of the year concerned;

(e) the investment management and custodianship arrangements;

(f) an assessment on a regional basis of the impact of the Fund’s investments on economic activity and employment, and

(g) an assessment on a regional basis of the distribution of the investments made by the Fund.".

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