Energy (Windfall Gains in the Energy Sector) (Cap on Market Revenues) Bill 2023: Report and Final Stages
Dail Éireann — 2023-10-18
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Ossian Smyth (GP), Dún Laoghaire

Reporting is incredibly important and essential to transparency. The reporting obligations for this Bill are provided for in section 26(6). That section states that both the audited accounts and report of the Comptroller and Auditor General will be laid before each House of the Oireachtas by the Minister for the Environment, Climate and Communications once they are received from the collection agent. This section also provides for the National Treasury Management Agency, NTMA, to manage the relevant accounts, thus providing more transparency with regard to the accounting matters of the fund. Accurate records must be kept and inspections can be carried out on behalf of the competent authority. These inspections are detail in sections 23 and 24, respectively. For those reasons - the fact that there are reporting arrangements in place - I do not propose to accept the amendment.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2023-10-18/debate/main
Retrieved: 2026-08-14T04:52:18+00:00
Sitting date: 2023-10-18