Noel Treacy (Galway East, Fianna Fail)

When the primary legislation is passed, it will be given the force of law and will allow Ireland to be a party of the Council of Europe Development Bank. Thereafter, any changes will have to be made by the governing board of the bank on which Ireland is represented. Ireland's representative would, therefore, either agree with or oppose any changes put forward. Such changes would be effected by means of a majority.