Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

I move amendment No. 1:

In page 5, to delete lines 19 to 23 and substitute the following:"(3) Subject to subsections (4) and (5), this Act shall come into operation on the date of its passing.

(4) Part 3 shall come into operation on 20 November 2015.

(5) Part 4 shall come into operation on such day or days as the Minister may appoint by order or orders either generally or with reference to any particular purpose or provision and different days may be so appointed for different purposes or different provisions.".

This technical amendment varies the commencement dates as appropriate across different Parts of the Bill. I felt it necessary to move the commencement of Part 2 of the Bill, which deals with the intergovernmental agreement, to the date of signature, as this agreement is crucial to the single resolution mechanism and must be ratified by the end of the month. Consequently, I did not want any unnecessary delays in the making of commencement orders. As Part 5 of the Bill involves a technical amendment to remove an ambiguity in the legislation, I believe it should take effect immediately when this legislation is signed into law. That is the basis of this technical amendment.

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