Seanad debates

Wednesday, 28 November 2012

Transport (Córas Iompair Éireann and Subsidiary Companies Borrowings) Bill 2012: Committee and Remaining Stages

 

11:55 am

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

I move amendment No. 6:


In page 4, to delete line 22.
My amendment proposes to delete "the acquisition of any other transport undertaking;". This is giving money to a company, which is short of money, to buy out its competitors. It is an utterly inappropriate use of public money. I do not want this money to be used to buy out competitors.

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