Seán Sherlock (Cork East, Labour) | Oireachtas source

This section provides Science Foundation Ireland with the power to devise and administer research grant schemes using funds authorised and provided by the Minister with the agreement of the Minister for Public Expenditure and Reform.

I consider the proposed amendment as tabled by Senator Barrett unnecessary as all public bodies are required to comply with public financial procedures which are aimed at ensuring the most effective use possible of public funds. There is rigorous examination in the annual Estimates programme of all areas of expenditure and the Oireachtas has significant involvement in this process. I do not propose to accept the amendment.