Dáil debates

Wednesday, 20 January 2016

Horse Racing Ireland Bill 2015: Report and Final Stages

 

4:10 pm

Photo of Simon CoveneySimon Coveney (Cork South Central, Fine Gael) | Oireachtas source

I move amendment No. 28:

In page 14, to delete lines 6 to 9 and substitute the following:"(2) HRI shall not alter a directive referred to in subsection (1) affecting trusts or charitable funds extant on the commencement of section 7of the Horse Racing Ireland Act 2016, however so administered without the agreement of the person administering the trust or the fund.".".

I am proposing this amendment to give assurances to a trust fund for the benefit of jockeys that is not administered by the racing regulatory authority. It had feared that it could have been adversely affected by a change in HRI directives. This is not my intention and I am happy to clarify that existing arrangements will not change without the prior agreement of the body or person concerned. This is a legal amendment to make sure that if there is a trust fund linked to prize money that is there for the benefit of jockeys in this case, their position will not change as a result of anything in this legislation.

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