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Enacted Dáil
No. 77 of 2022

Screening of Third Country Transactions Bill 2022

Public bill · Government · Presented

Ireland would get a system for checking certain investments and business deals from outside the EU, especially where they involve sensitive sectors or could affect security or public order. The Minister for Enterprise, Trade and Employment could demand information, review the deal, impose conditions, block it, and use a specialist advisory panel to help assess risks. It also creates a separate appeal process that protects confidential or security-sensitive material, so Ireland can guard against harmful takeovers while still giving investors a clear process.

Formal long title

Bill entitled an Act to provide for a process to allow for certain transactions that may present risks to the security or public order of the State to be reviewed by the Minister for Enterprise, Trade and Employment; to empower the Minister to require the provision of information from certain persons for reviewing, and to make decisions and take certain actions in relation to, transactions that present risks to the security or public order of the State; to provide for a process for appealing certain decisions of the Minister with due regard to the potentially sensitive nature of the subject matter of the appeal, and for those purposes to establish a panel of persons to deal with appeals against certain decisions of the Minister under this Act; to establish a panel of persons to advise the Minister in relation to certain transactions; to give further effect to Regulation (EU) 2019/452 of the European Parliament and of the Council of 19 March 2019 establishing a framework for the screening of foreign direct investments into the Union; and to provide for related matters.

Last updated 11 September 2024

Sponsor
  • Minister for Enterprise, Trade and Employment Primary
Progress
  • First Stage
    Dáil
  • Second Stage
    Dáil
  • Committee Stage
    Dáil
  • Report Stage
    Dáil
  • Fifth Stage
    Dáil
  • Second Stage
    Seanad
  • Committee Stage
    Seanad
  • Report Stage
    Seanad
  • Fifth Stage
    Seanad Enacted
  • Enacted
    Enacted
Debates
  • Screening of Third Country Transactions Bill 2022: Committee and Remaining Stages
    Seanad
  • Screening of Third Country Transactions Bill 2022: Second Stage
    Seanad
  • Screening of Third Country Transactions Bill 2022: Report and Final Stages
    Dáil
  • Screening of Third Country Transactions Bill 2022: Committee Stage
    Select Committee on Enterprise, Trade and Employment
  • Screening of Third Country Transactions Bill 2022: Second Stage
    Dáil
  • Screening of Third Country Transactions Bill 2022: Referral to Select Committee
    Dáil

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