Seanad debates
Wednesday, 4 July 2012
Credit Guarantee Bill 2012: Report and Final Stages
11:00 am
John Perry (Sligo-North Leitrim, Fine Gael)
I thank Senators for their contributions on this important Bill. Amendment No. 1 is a technical amendment to section 5. It seeks the removal of the provision in relation to the powers of the Minister to amend or revoke a scheme under section 5 of the Bill. There is an inherent power to amend or revoke a statutory instrument under section 22(3) of the Interpretation Act 2005. Accordingly, there is no need for the current revocation provision included in the Bill and the removal has been suggested by the Attorney General's office and the parliamentary draftsman.
No comments