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Semi-State Bodies

Dáil Éireann Debate, Thursday - 16 February 2023

Thursday, 16 February 2023

Questions (428)

Catherine Murphy

Question:

428. Deputy Catherine Murphy asked the Minister for Rural and Community Development if she will provide a schedule of the non-commercial and semi-State commercial companies under her aegis; if an explanatory memorandum will be provided in respect of the policy of a dividend payment to the Exchequer from each company; the dividend paid by each company to the Exchequer for each year from 2000 to 2022; if her Department collects the funds and forwards it to the central fund or whether it goes directly; if over that period her Department has requested an increase in respect of the dividend due over it’s percentage shareholding; the number of occasions that it waived the dividend; the reason; and if she will make a statement on the matter. [7911/23]

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Written answers

The agencies under the aegis of the Department of Rural and Community Development do not pay any dividends to the Exchequer. The agencies, namely Western Development Commission, Water Safety Ireland, Charities Regulatory Authority and Pobal, are not for profit bodies, and are not involved in commercial or trading activities. As such, no profits, from which dividends would be paid, are possible.

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