Results 9,681-9,700 of 12,487 for speaker:Louise O'Reilly

Select Committee on Jobs, Enterprise and Innovation: Screening of Third Country Transactions Bill 2022: Committee Stage (25 Jan 2023)

Louise O'Reilly: It has. I tabled a number of amendments in a similar vein that were ruled out of order regarding the inclusion of the public good. These include amendments Nos. 3, 12, 24, 27, 29 and 31 to 33, inclusive, and many more. I recognise the importance of establishing a mechanism to screen foreign direct investment but the public good is also important. We have seen that housing and other...

Select Committee on Jobs, Enterprise and Innovation: Screening of Third Country Transactions Bill 2022: Committee Stage (25 Jan 2023)

Louise O'Reilly: I move amendment No. 11: In page 9, lines 3 and 4, to delete “15 months” and substitute “12 months”. Given that we are here to consider serious and important legislation relating to foreign direct investment, FDI, I ask that the first review be within the first year of the operation of the legislation. I understand there is a need to allow legislation to bed...

Select Committee on Jobs, Enterprise and Innovation: Screening of Third Country Transactions Bill 2022: Committee Stage (25 Jan 2023)

Louise O'Reilly: No, it was grouped with other amendments.

Select Committee on Jobs, Enterprise and Innovation: Screening of Third Country Transactions Bill 2022: Committee Stage (25 Jan 2023)

Louise O'Reilly: I oppose this section. Does the Minister of State not feel that the legislation already gives him enough powers, without necessarily needing the power to change aspects of the legislation by way of regulation? I am always very nervous of this. I understand that subsection (3) provides for those regulations to be laid before the House, but it does not reduce the fact that section 5 offers...

Select Committee on Jobs, Enterprise and Innovation: Screening of Third Country Transactions Bill 2022: Committee Stage (25 Jan 2023)

Louise O'Reilly: Consistency.

Select Committee on Jobs, Enterprise and Innovation: Screening of Third Country Transactions Bill 2022: Committee Stage (25 Jan 2023)

Louise O'Reilly: I move amendment No. 14: In page 10, between lines 36 and 37, to insert the following: “(2) Confirmation that a notice or other document served on or given to a person under subsection (1) must be received from the person to whom the notice or other document is being served.” There are already existing provisions which ensure that documents served on a person are...

Select Committee on Jobs, Enterprise and Innovation: Screening of Third Country Transactions Bill 2022: Committee Stage (25 Jan 2023)

Louise O'Reilly: Do provisions already exist to ensure that the documents served are actually received?

Select Committee on Jobs, Enterprise and Innovation: Screening of Third Country Transactions Bill 2022: Committee Stage (25 Jan 2023)

Louise O'Reilly: On the basis of that clarification I am content to withdraw that amendment.

Select Committee on Jobs, Enterprise and Innovation: Screening of Third Country Transactions Bill 2022: Committee Stage (25 Jan 2023)

Louise O'Reilly: I will speak to amendments Nos. 22, 30, 34 and 35, if that is okay. I do not know if they are all grouped but there is no sense in repeating myself when the next group comes up. This Bill is very technical, but it is also fairly political in nature in the context of the ever-changing geopolitical situation, which the Minister of State just outlined, and the need to ensure the safety and...

Select Committee on Jobs, Enterprise and Innovation: Screening of Third Country Transactions Bill 2022: Committee Stage (25 Jan 2023)

Louise O'Reilly: I dearly wish the Government would change its housing policy. I genuinely feel, given the situation we are in, that housing should form part of this. I accept what the Minister of State is saying about potentially having to screen absolutely everything, everything having to be notified and the impact that might have. Does he take my point about it being an important area? We know foreign...

Select Committee on Jobs, Enterprise and Innovation: Screening of Third Country Transactions Bill 2022: Committee Stage (25 Jan 2023)

Louise O'Reilly: They are not within the Bill we are discussing.

Select Committee on Jobs, Enterprise and Innovation: Screening of Third Country Transactions Bill 2022: Committee Stage (25 Jan 2023)

Louise O'Reilly: I understand. I am going to push this amendment.

Select Committee on Jobs, Enterprise and Innovation: Screening of Third Country Transactions Bill 2022: Committee Stage (25 Jan 2023)

Louise O'Reilly: I move amendment No. 22: In page 11, between lines 12 and 13, to insert the following: “(d) the transaction relates, directly or indirectly, to land and real estate for, or which could be used for, housing or accommodation;”.

Select Committee on Jobs, Enterprise and Innovation: Screening of Third Country Transactions Bill 2022: Committee Stage (25 Jan 2023)

Louise O'Reilly: I agree to it. However, it is persuading the other members who have a problem with what is proposed. I woke up persuaded.

Select Committee on Jobs, Enterprise and Innovation: Screening of Third Country Transactions Bill 2022: Committee Stage (25 Jan 2023)

Louise O'Reilly: On amendment No. 26, the requirement to notify the Minister of transactions is provided for under section 10(1)(b)(xi). It will ensure that parties to a notifiable transaction notify the Minister of that transaction and include details of any sanctions or restrictive financial measures imposed on the party by the European Union. I am seeking to ensure that the legislation is even more...

Select Committee on Jobs, Enterprise and Innovation: Screening of Third Country Transactions Bill 2022: Committee Stage (25 Jan 2023)

Louise O'Reilly: No. That was not my intention either.

Select Committee on Jobs, Enterprise and Innovation: Screening of Third Country Transactions Bill 2022: Committee Stage (25 Jan 2023)

Louise O'Reilly: That is very welcome. On that basis, I will withdraw the amendment.

Select Committee on Jobs, Enterprise and Innovation: Screening of Third Country Transactions Bill 2022: Committee Stage (25 Jan 2023)

Louise O'Reilly: I move amendment No. 26: In page 12, between lines 19 and 20, to insert the following: “(xii) details of any sanctions imposed on the parties, or the state or territory under whose laws the parties are constituted, registered, or otherwise organised, by the United Nations; (xiii) details of any sanctions imposed on the parties, or the state or territory under whose laws the...

Select Committee on Jobs, Enterprise and Innovation: Screening of Third Country Transactions Bill 2022: Committee Stage (25 Jan 2023)

Louise O'Reilly: I move amendment No. 30: In page 14, between lines 9 and 10, to insert the following: “(III) control, directly or indirectly, of land and real estate for, or which could be used for, housing or accommodation,”.

Select Committee on Jobs, Enterprise and Innovation: Screening of Third Country Transactions Bill 2022: Committee Stage (25 Jan 2023)

Louise O'Reilly: I move amendment No. 34: In page 15, between lines 11 and 12, to insert the following: “(ii) undertake actions that are disruptive or destructive to the provision of housing or accommodation, especially social and affordable housing, in the State,”. On the basis of the clarification provided by the Minister of State, I am happy to withdraw the amendments and...