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Dáil

Ceisteanna—Questions. Oral Answers. - Great Northern Railway Shareholders.

asked the Minister for Industry and Commerce if he will indicate when the shareholders in the Great Northern Railway will be paid the cash value of their shares.

Comment on this

asked the Minister for Industry and Commerce whether, in view of the fact that holders of Great Northern Railway stock are unable to dispose of their stock elsewhere, he will indicate when the Government propose to compensate them for the stock in question.

Comment on this

I propose with the permission of the Ceann Comhairle to take Questions Nos. 4 and 5 together.

There is at present no restriction on dealings in Great Northern Railway stocks.

The compensation in respect of the acquisition of the undertaking cannot be paid until the necessary enabling legislation is enacted. It is not yet possible to say when this legislation will be introduced.

Comment on this

Will the Minister say if it is likely to be introduced during the present session?

Comment on this

It is not possible to say at all. I do not think it is likely.

Comment on this