Seanad debates

Thursday, 19 November 2015

National Cultural Institutions (National Concert Hall) Bill 2015: Committee Stage (Resumed)

 

10:30 am

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael) | Oireachtas source

On the issue raised by Senator Norris about gifts of land, the reason this requires the approval of the Minister is just in case the land the NCH is taking over has some unexpected cost or unknown liability associated with it. One has to be careful about that which is why it is included to safeguard against some unknown problem. Regarding the 5% threshold, it is included at the request of the National Concert Hall and it is good governance and procedure to include that safeguard. A 5% threshold on its current turnover of €7 million would be in the region of €350,000.

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