Seanad debates
Wednesday, 19 June 2024
Automatic Enrolment Retirement Savings System Bill 2024: Committee and Remaining Stages
10:30 am
Paul Gavan (Sinn Fein) | Oireachtas source
I move amendment No. 69:
In page 57, between lines 8 and 9, to insert the following: “Investment in companies operating in occupied territories
76. (1) (a) The Authority shall ensure that the assets of a relevant AE provider scheme are not directly or indirectly invested in an undertaking operating within an occupied territory.(b) Where the Authority becomes aware that an undertaking in which the assets of a relevant AE provider scheme are directly or indirectly invested is, or becomes, an undertaking operating in an occupied territory, the Authority 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.”.
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