Seanad debates

Tuesday, 10 December 2013

Water Services (No. 2) Bill 2013: Committee Stage

 

4:05 pm

Photo of Fergus O'DowdFergus O'Dowd (Louth, Fine Gael) | Oireachtas source

The Gas Regulation Act 2013 included an interim measure to provide for the making and approval of superannuation schemes by Irish Water. This was considered necessary to enable Irish Water to put in place superannuation schemes pending the enactment of this Bill. As the legislation establishes a comprehensive statutory framework for the company to put in place pension schemes for any staff it may recruit, it is appropriate to repeal the interim measure contained in the 2013 Act. The repeal will take effect only when the relevant sections of this Bill are commenced.

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