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Joint Oireachtas Committee on Agriculture, Food and the Marine: Foresty Industry: Discussion with Coillte (2 Oct 2012)

Andrew Doyle: I do not believe it is his company.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Foresty Industry: Discussion with Coillte (2 Oct 2012)

Andrew Doyle: That is fine. Is the Deputy referring to a press release dating from November 2009?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Foresty Industry: Discussion with Coillte (2 Oct 2012)

Andrew Doyle: It probably is relevant, but-----

Joint Oireachtas Committee on Agriculture, Food and the Marine: Foresty Industry: Discussion with Coillte (2 Oct 2012)

Andrew Doyle: It would probably be as well if the Deputy's questions were answered.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Foresty Industry: Discussion with Coillte (2 Oct 2012)

Andrew Doyle: That is fine.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Foresty Industry: Discussion with Coillte (2 Oct 2012)

Andrew Doyle: I will call Senator Mary Ann O'Brien, Deputy Barry, Deputy Deering and Senator O'Keeffe, but before we suspended Mr. Gunning indicated that he wished to make one final comment.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Foresty Industry: Discussion with Coillte (2 Oct 2012)

Andrew Doyle: I call Senator Mary Ann O'Brien. The gentlemen have to be gone by 5.15 p.m.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Foresty Industry: Discussion with Coillte (2 Oct 2012)

Andrew Doyle: To be fair, the figure of €3 billion is the overall target set. Let us consider the seven issues discussed. The restrictions or conditions - or lack thereof - possibly determine the position with regard to the high and the low prices. A clear unrestricted auction of the assets for an 80 year period, without obligations, would probably realise a higher up-front price. We must work...

Joint Oireachtas Committee on Agriculture, Food and the Marine: Foresty Industry: Discussion with Coillte (2 Oct 2012)

Andrew Doyle: A vote has been called.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Foresty Industry: Discussion with Coillte (2 Oct 2012)

Andrew Doyle: Yes. Some Senators need to go to the Chamber for the vote but we will give this as long as it takes.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Foresty Industry: Discussion with Coillte (2 Oct 2012)

Andrew Doyle: How long will the vote take?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Foresty Industry: Discussion with Coillte (2 Oct 2012)

Andrew Doyle: If Mr. Gunning and Mr. Regan are happy to wait, we can suspend the meeting for ten minutes.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Foresty Industry: Discussion with Coillte (2 Oct 2012)

Andrew Doyle: That is true. To be clear on the proposal, it is to auction the harvesting rights to the timber for a 50 to 80 year lease period and that is what we are discussing now. This applies to what is growing over the ground. The ground itself is not being sold.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Foresty Industry: Discussion with Coillte (2 Oct 2012)

Andrew Doyle: We can hone in on that further in other questions.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Foresty Industry: Discussion with Coillte (2 Oct 2012)

Andrew Doyle: He is also hoarse.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Foresty Industry: Discussion with Coillte (2 Oct 2012)

Andrew Doyle: We should not forget where Mr. Gunning comes from.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Foresty Industry: Discussion with Coillte (2 Oct 2012)

Andrew Doyle: I will call Deputy Martin Ferris and Senator Pat O'Neill before we break for questions. I have given everybody time because this is not a matter the discussion of which can be limited to three to five minutes. If everybody is prepared to agree, I will give everybody the same amount of time.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Foresty Industry: Discussion with Coillte (2 Oct 2012)

Andrew Doyle: I thank Mr. Gunning. I now call Deputy Éamon Ó Cúiv, spokesman for Fianna Fáil.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Foresty Industry: Discussion with Coillte (2 Oct 2012)

Andrew Doyle: From Coillte I welcome Mr. David Gunning, chief executive, and Mr. Gerry Egan, group director of strategy and corporate affairs. I thank them for coming before the joint committee to discuss Coillte’s annual report for 2011 and brief it on the future direction of the forestry industry, as they see it. Witnesses are protected by absolute privilege in respect of their evidence to the...

Joint Oireachtas Committee on Agriculture, Food and the Marine: Business of Joint Committee (2 Oct 2012)

Andrew Doyle: I have not received apologies from any member regarding an inability to attend. I propose that we go into private session to deal with some housekeeping matters. Is that agreed? Agreed.

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