I move amendment No. 1.
1. In page 3, between lines 15 and 16, to insert the following subsection:
"(2) In the event of any sale or lease of the National Stud Farm or any part of it pursuant to section 10 of the State Property Act, 1954, the Minister, not later than six months after completion of the said transaction, shall cause a copy of a report to be laid before each House of the Oireachtas, giving particulars on whether any moneys or proceeds arising from such sale or lease are being applied for the use and benefit of the National Stud Farm.".
It is self explanatory. If there is a benefit from the sale of part of this property it should go back to the National Stud which has given the industry and the country a very valuable service. It has already lost part of its land to roads. As the Minister is aware the horse industry is of vital importance to the nation. It is important that we are in a position to help the horse industry especially at a time when the livestock and pig sectors are in grave difficulty. This amendment is to ensure that any funds raised as a result of a sale would go back to the benefit of the National Stud.