Dáil debates

Thursday, 21 July 2016

Finance (Certain European Union and Intergovernmental Obligations) Bill 2016: Report and Final Stages

 

2:10 pm

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I move amendment No. 1:

In page 4, line 11, to delete “behalf.” and substitute the following:“behalf, unless otherwise stated in this Act and in so far only as any of these powers do not extend to additions, changes or deletions to the Schedule without consent of the Oireachtas.”.

As the Minister of State is aware, I tabled the only four amendments that were before us on Committee Stage. Two of them were accepted and this is one of the amendments that was not accepted and which I have re-tabled for Report Stage. The amendment seeks that the powers that will be conferred on the Minister would not extend to any alterations of the Schedule or the loan agreement. I note the Minister has brought forward amendment No. 2, which has the effect that while the Minister would have the power to alter them, the Dáil would for the first time have the power to annul the changes to the loan facility agreement. For me, that is an acceptable compromise and on that basis I withdraw the amendment.

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