Gerry Horkan (Fianna Fail)
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I welcome the Minister of State, Deputy D'Arcy, to the House.

Michael D'Arcy (Wexford, Fine Gael)
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Last week in the Seanad, I indicated that the new provision inserted in the National Treasury Management Agency (Amendment) Act 2014 by the Fossil Fuel Divestment Bill 2016 would have to be commenced separately by a commencement order under the 2014 Act. I have been informed that, in fact, the obligations imposed by the Fossil Fuel Divestment Bill will come into effect immediately on enactment. I am happy to take this opportunity to correct the record and confirm that the Bill will have effect as soon as it is enacted.

Lynn Ruane (Independent)
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I wanted that clarified so that is great.