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Amendment of Schedule.
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7.—(1) Where the Minister for Finance, following consultation with any appropriate Minister, is of the opinion that—
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(a) a public authority not standing specified as a State authority in the Schedule ought, having regard to the purposes of this Act, to stand so specified, or
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(b) having regard to the amalgamation, dissolution or change of name of a State authority, the State authority ought to cease to be specified in the Schedule or to be so specified under a different name or description,
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he or she may, by order, amend the Schedule by adding the name of a person or body to it or by deleting the name of a person or body specified in it or by so adding and deleting, as the case may be.
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(2) Where an order is proposed to be made under this section, a draft of it shall be laid before each House of the Oireachtas.
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(3) The order shall not be made if a resolution disapproving of the draft is passed by either such House within the next subsequent 21 days on which it has sat after the draft is laid before it.
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(4) In this section “public authority” means—
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(a) a person or body which at any time stood specified in the Schedule,
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(b) a board, authority or other body (other than a company) established by or under statute,
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(c) a company in which all the shares are held—
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(i) by or on behalf of a Minister of the Government, or
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(ii) by directors appointed by a Minister of the Government,
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or
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(d) a company in which all the shares are held by a board, authority or body referred to in paragraph (b) or by a company referred to in paragraph (c).
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