Seanad debates

Friday, 19 December 2014

Water Services Bill 2014: Committee Stage

 

3:30 pm

Photo of Thomas ByrneThomas Byrne (Fianna Fail) | Oireachtas source

I am not sure they even understood what equity investment was. The amendment would attempt to prohibit it because equity investment would mean the alienation of shares in Irish Water. It is a fact, as Senator Walsh has helpfully reminded us, that parties have proposed this and may propose it in the future. That is why we need something much stronger than what is contained in the Bill.

There is another problem with this section. I do not know if the Minister or his officials have given any thought to this. There is no definition of a plebiscite.

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