Seanad debates

Wednesday, 19 June 2024

Automatic Enrolment Retirement Savings System Bill 2024: Committee and Remaining Stages

 

10:30 am

Photo of Paul GavanPaul Gavan (Sinn Fein) | Oireachtas source

I move amendment No. 68:

In page 57, between lines 8 and 9, to insert the following: “Prohibition on investment in munitions companies

76. (1) In accordance with Part 4 of the Act of 2008, the Authority shall not directly or indirectly invest the assets of a relevant AE provider scheme in a munitions company.

(2) Where assets of a relevant AE provider scheme have been directly or indirectly invested in a company which is or becomes a munitions company, the Authority shall divest such assets immediately.

(3) In this section—
“Act of 2008” means the Cluster Munitions and Anti-Personnel Mines Act 2008;

“munitions company” shall be construed as meaning the same as defined in section 11 of the Act of 2008.”.

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