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Sugar Beet Industry.

Dáil Éireann Debate, Tuesday - 1 March 2005

Tuesday, 1 March 2005

Questions (244)

Sean Fleming

Question:

301 Mr. Fleming asked the Minister for Agriculture and Food if the Government’s special share in a company (details supplied) means that her prior written consent is required to enable the sugar company to dispose of its beet processing assets in Carlow; and if she will make a statement on the matter. [7029/05]

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Written answers

As Minister I hold a special share in Greencore plc. That share has the same monetary value as any other share in the company but special conditions are attached which prevent the company from engaging in a number of activities without the prior written consent of the Minister. One of the activities for which prior written consent is required is the disposal of more than 20% of specified sugar assets in Carlow and Mallow.

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