Automatic Enrolment Retirement Savings System Bill 2024: Committee and Remaining Stages
Seanad Éireann — 2024-06-19
============================================================

Paddy Burke (FG), Agricultural Panel

Section 36 is a section that gives to the authority the power to borrow. Under what circumstances would this authority be borrowing money? I did not think it would have a requirement for borrowing given that the Bill provides for the Oireachtas to make provision for setting up the whole structure. Under what circumstances would the authority be borrowing and why do we have to give it, in the Bill, the power to borrow?

---

Source: Houses of the Oireachtas. Licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). The Official Report is revised after first publication; the fetch timestamp below identifies the version quoted.

Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/seanad/2024-06-19/debate/main
Retrieved: 2026-08-14T04:53:05+00:00
Sitting date: 2024-06-19