Michael Noonan (Limerick East, Fine Gael)
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Question 86: To ask the Tánaiste and Minister for Enterprise, Trade and Employment the assets of SFADCo she intends transferring to the new Shannon Airport company; the book value of these assets and their estimated real value; if the transfer of these assets will require legislation; if she requires the agreement of the board of SFADCo for this transfer; if she has already acquired this agreement; and if she will make a statement on the matter. [15477/04]

Jan O'Sullivan (Limerick East, Labour)
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Question 90: To ask the Tánaiste and Minister for Enterprise, Trade and Employment if full consideration will be given to staff under the terms of Sustaining Progress before permitting the board of Shannon Development Company to transfer relevant assets of the company to the proposed Shannon Airport authority; and if she will make a statement on the matter. [15527/04]

Mary Harney (Dublin Mid West, Progressive Democrats)
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I propose to take Questions Nos. 86 and 90 together.

Responsibility for the proposed new Shannon Airport Authority is a matter for my colleague, the Minister for Transport, while I, as Minister for Enterprise, Trade and Employment, have responsibility for Shannon Development. I have been in contact with the Minister for Transport and with the board of Shannon Development concerning a suggested transfer of responsibility for the Shannon free zone at Shannon Airport from Shannon Development to the proposed new Shannon Airport Authority. I am also exploring other options concerning the role of Shannon Development in the context of the new airport authority and the forthcoming decentralisation of Enterprise Ireland to Shannon.

Detailed arrangements for the transfer of any assets, including full examination of their value, have yet to be determined and are part of the ongoing process. Until such time as this process is complete it is not possible to specify what legislative or administrative measures might be required.

Consultation with staff under the terms of Sustaining Progress is exclusively a matter for the board and management of Shannon Development.