Seanad debates
Wednesday, 20 November 2002
Digital Hub Development Agency Bill, 2002: Committee Stage (Resumed).
Brendan Ryan (Labour)
My understanding of company law suggests that it is extraordinary to allow a company's shareholders, as distinct from its directors, to have so much influence. The agency, which in this instance can be compared to the directors, is supposed to function commercially. I repeat that I think this is an unnecessary amendment. It is a product of the Office of the Chief Parliamentary Counsel, which tends to try to encompass everything. I do not intend to call a vote on this matter, but suggest that the Minister should re-examine it before Report Stage. I am not convinced that the amendment is necessary. I do not think that the Minister thinks it is necessary either, but that is a separate issue.
Amendment agreed to.
Question proposed: "That section 27, as amended, stand part of the Bill."
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