Dáil Éireann Debate, Thursday - 23 January 2014
97. Deputy Michelle Mulherin asked the Minister for Public Expenditure and Reform when NewERA will bring proposals for consideration to Government on options for moving towards a full holding company status which will hold shares in commercial semi-States; and if he will make a statement on the matter. [3378/14]
View answerOn the basis of work that has been undertaken by NewERA on moving to a full holding company structure which would hold the shares in commercial semi-state companies, I understand that there are legal and other difficulties associated with making such a change in the ownership structure of the commercial State sector. An interdepartmental Steering Group, chaired by my Department, has been tasked with reviewing the options in this regard and considering whether there may be ways in which these difficulties could be overcome. The Group will report to Government on the matter in due course.
