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Euro area loan Facility (amendment) Bill 2013: Committee and remaining Stages

Vote from 24/01/2013

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Question proposed: “That section 2 stand part of the Bill”

Section 2 provides that in future, any further changes to the Greek loan facility can be passed by Dáil Éireann by way of resolution and would not require any further primary legislation

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Background information

Question proposed: “That section 2 stand part of the Bill”

Section 2 provides that in future, any further changes to the Greek loan facility can be passed by Dáil Éireann by way of resolution and would not require any further primary legislation

A full debate in such cases would offer Members an opportunity to examine the Bill in detail, as they do with all other legislation and assess its consequences for Ireland.

On the other hand, this is an international agreement among the countries concerned that has come before the Oireachtas for ratification. The House can therefore not change the contents of the agreement. However, The Minister for Finance, Deputy Noonan, has given a commitment to introduce primary legislation should any change be made to the amount of money involved. This would require holding a full debate in the House on each Stage of any such Bill. If the amount of money is not fundamentally changed, the Constitution allows a motion to be passed in the Oireachtas.

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