Seanad debates

Wednesday, 8 December 2004

Dormant Accounts (Amendment) Bill 2004: Report and Final Stages.

 

5:00 pm

Photo of Éamon Ó CuívÉamon Ó Cuív (Galway West, Fianna Fail)

The effect of this amendment is to delete section 10 of the Bill. Section 10 is consequential to the board's chain regarding decision making in that it moves the accountability of the chairperson to the Public Accounts Committee for decisions under disbursements made by the former board. Removal of this section would create an anomaly whereby the board would no longer make decisions on disbursements, but its chairperson would remain accountable to the Public Accounts Committee for decisions in which he or she no longer had a role.

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