Mansergh, Dr Martin

Tuesday, 17 December 2002

Seanad Eireann Debate
Vol. 170 No. 24

First Page Previous Page Page of 16 Next Page Last Page

National Development Finance Agency Bill, 2002: Second Stage.

I warmly support the Bill and I welcome the Minister. The Bill is a well thought out initiative. The Minister provided the Government or official pedigree of the Bill, I would like to fill out the pic...More Button

The Bill is the fulfilment of a key election pledge which became a major strategic section of the programme for Government. The Bill and the initiative reflect the importance that Fianna Fáil has atta...More Button

Yes, and that has been worth billions of pounds to the country. It is not based on any starry-eyed approach to PPPs. I read the debate on the Bill in the Lower House and it appears Deputy Burton does ...More Button

It will soon be completed.More Button

Is this a time to put more cars on the road? More Button

A lot of progress has been made.More Button

National Development Finance Agency Bill, 2002: Committee and Remaining Stages.

My reservation about the amendment is that financing is a separate issue from that of project management. Project management relates to the execution of a project according to technical and perhaps fi...More Button

The wording of this amendment does not seem to be in accordance with the point made by Senator Paddy Burke. The amendment seems to be superfluous, as section 3 of the Bill clearly covers all possibili...More Button

I completely reject Senator Paddy Burke's contention that it is another layer of bureaucracy. It is substituting for consultants who often cost much more than bureaucracy. We are talking about a proce...More Button

While I understand the sentiment behind this amendment and its superficial attraction, I think it would be a bad move. We heard the Minister say that there was no obstacle to the money from the nation...More Button

No, the Office of the Taoiseach.More Button

I worked with the Department of Finance, not in it.More Button

Which body would make the decision? The national pensions reserve fund or the National Finance Development Agency?More Button

No one said we cannot do that.More Button

The Minister of State hit the nail on the head in his reply. There is a conflict of interest between the functions of the two agencies. It is important to stress that we all support pensions fund mone...More Button

I am glad to hear the Minister of State say that the guidelines will be available because transparency is important. However, the amendment represents an encroachment on Government by the Legislature....More Button

I am concerned that this amendment might lead to precisely what Senators opposite have been complaining about in relation to a different section, namely, another layer of bureaucracy. To fulfil these ...More Button

It would be fairly extraordinary to pick out one member of a board and give that person special functions. Given that this is such an important agency, I have no doubt that the people appointed will b...More Button

This is not a piece of criminal law legislation. There are clear laws on corruption and on public ethics and it would be inappropriate to insert clauses which imply that but for this clause chief exec...More Button

National Development Finance Agency Bill, 2002: Motion for Earlier Signature.

I thank the Minister of State and the Minister for Finance for taking us through the debate on this important legislation, which will prove significant in the years ahead. I reciprocate the Minister o...More Button


Last Updated: 10/09/2010 17:20:03 First Page Previous Page Page of 16 Next Page Last Page