This amendment which has been inserted in the Seanad is a verbal amendment and was inserted at the request of the Currency Commission who thought that the purpose of the section might be made clearer by the deletion of the words "invested in such security is insured by investment therein" and the insertion of the words "to be invested in such security is assured". It is proposed to ask the Dáil to agree with the Seanad in this amendment.
The Dáil agreed to the Seanad amendment. Message to be sent to the Seanad accordingly.