Maurice Cummins (Fine Gael)

I welcome the provisions in section 9. Greater flexibility must be provided to port companies to borrow funds to finance projects. This is an important section and its provisions would be welcomed by the port companies as it would give them greater flexibility where borrowings and investments are concerned. I presume they would need ministerial consent for larger amounts than those mentioned in the section, but in general I welcome the greater flexibility being given to the commercial companies.