Seanad debates

Tuesday, 6 October 2015

Proceeds of Sale of Aer Lingus: Referral to Joint Committee


2:30 pm

Photo of Maurice CumminsMaurice Cummins (Fine Gael)
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I move:

That the proposal that Seanad Éireann approves the payment by the Minister for Finance, pursuant to section 46(1) of the National Treasury Management Agency (Amendment) Act 2014, from the Central Fund to the Ireland Strategic Investment Fund of €335,272,562.50 (three-hundred and thirty-five million, two-hundred and seventy-two thousand, five-hundred and sixty-two euro and fifty cent) being the amount of the funds derived from the proceeds of the sale of the State’s shareholding in Aer Lingus, be referred to the Joint Committee on Finance, Public Expenditure and Reform, in accordance with Standing Order 70A(3)(j), which, not later than 15th October, 2015, shall send a message to the Seanad in the manner prescribed in Standing Order 73, and Standing Order 75(2) shall accordingly apply."

Question put and agreed to.