Aengus Ó Snodaigh (Dublin South Central, Sinn Fein)
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Question 29: To ask the Minister for Communications, Marine and Natural Resources the percentage stake the Government has in An Post; and if he has an adequate amount of power regarding An Post for the size of this stake. [13769/06]

Arthur Morgan (Louth, Sinn Fein)
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Question 70: To ask the Minister for Communications, Marine and Natural Resources if he has powers or responsibilities regarding An Post; and if so, if he will outline them. [13767/06]

John Browne (Wexford, Fianna Fail)
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I propose to take Questions Nos. 29 and 70 together.

The powers and responsibilities of the Minister for Communications, Marine and Natural Resources with respect to An Post are as set out in the Postal and Telecommunications Services Act 1983 and in the memorandum and articles of the company. As set out in the 1983 Act, the Government has a 100% stake in the company. The Minister's responsibilities are also to ensure that the corporate governance guidelines for semi-State bodies are adhered to and that the shareholder interests in the company are protected.

In accordance with the 1983 Act, in his role as shareholder of the company, the Minister has appointed a board to oversee the management of the company and to deal directly with the day-to-day operational matters of the company.