Mark Daly (Fianna Fail) | Oireachtas source

I move amendment No. 20:

In page 16, after line 33, to insert the following:"(2) BGÉ shall not dispose of the assets of Irish Water.".

This amendment relates to the broader issue of the disposal of State assets, which we discussed on Second Stage. Our concern is that, in some cases, we are selling assets which account for only one month's borrowing. As Senator Ó Clochartaigh pointed out, where an asset is making a profit, it does not seem wise to sell it. This amendment seeks to prevent the sale of Irish Water. If it is accepted, any proposal for such a sale would require amending legislation and, thus, the approval of the House, rather than being within the remit of the Government alone.