Alice-Mary Higgins (Independent) | Oireachtas source

I move amendment No. 32:

In page 23, between lines 35 and 36, to insert the following:

“Investment in companies operating in occupied territories 32. (1) (a) The Agency shall ensure that the assets of a relevant Fund are not directly or indirectly invested in an undertaking operating within an occupied territory.

(b) Where the Agency becomes aware that an undertaking in which the assets of a relevant Fund are directly or indirectly invested is, or becomes, an undertaking operating in an occupied territory, the Agency shall divest the assets of the relevant Fund from such investment as soon as practicable.

(2) In this section—

“occupied territory” means a territory which is occupied within the meaning of the Fourth Geneva Convention, and which has been—

(a) confirmed as such in a decision or advisory opinion of the International Court of Justice,

(b) confirmed as such in a decision of the International Criminal Court,

(c) confirmed as such in a decision of an international tribunal, or

(d) designated as such for the purposes of this Act or any other enactment in a regulation made by the Minister.”.