Dáil Éireann Debate, Wednesday - 23 September 2015
14. Deputy Richard Boyd Barrett asked the Minister for Transport, Tourism and Sport the activities for which the Dún Laoghaire Harbour Company must seek consent before engaging in; if he is satisfied that the company acts within both the letter and the spirit of the law in terms of seeking consent and consulting with him; and if he will make a statement on the matter. [31918/15]
View answerThe Harbours Acts require port companies to seek my consent for certain activities including the establishment of any subsidiary company, investment in undertakings (other than a subsidiary) greater than €1.27m, and borrowings.
In addition, the Code of Practice for the Governance of State Bodies requires Ministerial consent for any "action which would extend or change significantly the nature, scope or scale of activities in which (the State Body) ... engages" and also, where any joint venture is proposed.
My Department has been consistently clear with the Company that it should seek Ministerial consent both under the Harbours Acts and the Code of Practice for the Governance of State Bodies in respect of any intended action which would extend or change significantly the nature, scope or scale of the activities in which it engages, and, in relation to borrowings it proposes to undertake.
