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

Section 28 as drafted is standard provision in legislation which provides for ministerial approval of borrowing by a semi-State organisation. Accordingly, the borrowings of Irish Water are subject to the consent of the Minister for the Environment, Community and Local Government as the Minister with responsibility for water services and of the Minister for Communications, Energy and Natural Resources, as the Minister with responsibility for Bord Gáis Éireann of which Irish Water is a subsidiary.