Bord na Móna is an independent, commercial semi-state company.
They are subject to the Code of Practice for the Governance of State Bodies. In line with the Code, a Shareholder Letter of Expectation has been issued to the company. This provides guidance to Bord na Móna and its Board of Directors with respect to the Government’s current objectives for Bord na Móna and the primary considerations which may be taken account of by both the Minister for Public Expenditure, NDP Delivery and Reform and I (and other Government Ministers, where relevant) in respect of matters for which our consent is required. Matters which might come to me as Minister for consent include those arising in accordance with the Turf Development Acts 1946 – 1998, the constitutions of Bord na Móna and its subsidiaries and the Code of Practice for the Governance of State Bodies.