Seanad debates
Wednesday, 19 June 2024
Automatic Enrolment Retirement Savings System Bill 2024: Committee and Remaining Stages
10:30 am
Paddy Burke (Fine Gael) | Oireachtas source
Section 36 is a section that gives to the authority the power to borrow. Under what circumstances would this authority be borrowing money? I did not think it would have a requirement for borrowing given that the Bill provides for the Oireachtas to make provision for setting up the whole structure. Under what circumstances would the authority be borrowing and why do we have to give it, in the Bill, the power to borrow?
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