Screening of Third Country Transactions Act 2023

Reporting on operation of Act

4. (1) The Minister shall—

(a) cause a report to be prepared on the operation of this Act not more than 15 months after this section comes into operation, and not less than once every 12 months thereafter, and

(b) cause a copy of such report to be laid before each House of the Oireachtas as soon as practicable after it has been prepared.

(2) A report prepared under this section shall, subject to subsection (3), include—

(a) aggregated details on the number of transactions notified to the Minister under this Act,

(b) aggregated details on the number of non-notified transactions reviewed by the Minister under this Act,

(c) aggregated details on the actions taken by the Minister in respect of transactions in relation to which a screening decision has been made,

(d) information on sectoral trends of, and third countries involved in, transactions reviewed by the Minister under this Act, and

(e) all other matters relating to the operation of the Act that the Minister considers to be relevant.

(3) A report prepared under this section shall not include—

(a) commercially sensitive information,

(b) personal data (within the meaning of Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 20163 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation)), or

(c) information the disclosure of which could create a risk to the security or public order of the State.

3 OJ No. L 119, 4.5.2016, p.1