Written answers

Tuesday, 8 December 2009

Department of Transport

Code of Practice

10:00 pm

Photo of Tommy BroughanTommy Broughan (Dublin North East, Labour)
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Question 263: To ask the Minister for Transport the State Agencies under the aegis of his Department to which the new code of practice for the governance of State bodies applies; and if he will make a statement on the matter. [45439/09]

Photo of Tommy BroughanTommy Broughan (Dublin North East, Labour)
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Question 264: To ask the Minister for Transport if all the boards of State agencies under the aegis of his Department which are required to implement the new code of practice for the governance of State bodies have formally adopted the code at a board meeting; if they have undertaken training to ensure proper implementation of the code; if they have put in place monitoring procedures to ensure proper compliance with the code; and if he will make a statement on the matter. [45440/09]

Photo of Noel DempseyNoel Dempsey (Meath West, Fianna Fail)
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I propose to take Questions Nos. 263 and 264 together.

All agencies under the aegis of my Department are required to implement the new Code of Practice. The Department has brought the new Code to the attention of all such Bodies.

The Code requires an annual report from the Chairpersons of each of the bodies and this report must confirm that the bodies have adopted the Code. The revised Code was published in May 2009 and the Chairpersons will submit their first annual report under the new Code early in 2010. The Department will monitor the reports to ensure they confirm that the Code has been adopted.

When making appointments to boards the companies are advised that they should ensure that appropriate training in Corporate Governance is provided. The Chairpersons have been requested to confirm that arrangements currently in place in their respective organisations are in compliance with Department of Finance instructions. In addition, the Chairpersons have been advised that, as part of my Department's ongoing corporate governance relationship with their organisations, they will be expected to give similar confirmation annually.

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