That the Dáil agree with the Seanad in amendment No. 1:—
Section 3, sub-section (7). All words after the word "assigned" in line 2 deleted down to the end of the sub-section and the following words substituted therefor:—
"unless all the following conditions are complied with, that is to say:—
(a) that such assignment is to an approved company;
(b) that the Minister consents to such assignment;
(c) that such consent is endorsed on the document effecting such assignment."
The amendment was inserted for the purpose of clarifying the section and making it clear that no assignment can be made to any company but an approved company under the terms of the Bill.