Written Answers - Dormant Accounts Fund.

Wednesday, 4 March 2009

Dáil Eireann Debate
Vol. 676 No. 5

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  53.  Deputy Pádraic McCormack  Information on Pádraic McCormack  Zoom on Pádraic McCormack   asked the Minister for Community, Rural and Gaeltacht Affairs  Information on Éamon Ó Cuív  Zoom on Éamon Ó Cuív   the expected expenditure by his Department in 2009 from the proceeds of the dormant accounts fund; the figures for each of the past two years; and if he will make a statement on the matter. [8896/09]

  66.  Deputy Bernard J. Durkan  Information on Bernard Durkan  Zoom on Bernard Durkan   asked the Minister for Community, Rural and Gaeltacht Affairs  Information on Éamon Ó Cuív  Zoom on Éamon Ó Cuív   the extent to which it is intended to fund his Department in 2009 from the proceeds of the dormant accounts fund; the degree to which this varies with each of the past five years; and if he will make a statement on the matter. [8853/09]

Minister for Community, Rural and Gaeltacht Affairs (Deputy Éamon Ó Cuív): Information on Éamon Ó Cuív  Zoom on Éamon Ó Cuív  I propose to take Questions Nos. 53 and 66 together.

The post-Budget provision in my Department’s Vote for 2009 is €13m in respect of commitments to projects approved under measures administered by my Department and financed from the Dormant Accounts Fund (DAF). The proposed allocation for 2009 represents an increase of approx. one-third on the 2008 overall expenditure level. All expenditure incurred will be reimbursed to my Department by the National Treasury Management Agency in the normal way.

My Department paid €0.25m in 2006, €5.45m in 2007 and €9.56m in 2008 to projects selected for funding from the DAF. In addition, the Government approved the allocation of €16m to [157]part-fund the Rural Social Scheme in each of the years 2006 — 2008 from the Fund. As this Scheme is being fully Exchequer funded in 2009, no allocation is being made this year from the DAF in this regard.

Prior to 2006, the Dormant Accounts Fund Disbursement Board approved all allocations from the DAF.


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