Colm M. Hilliard
Question:56 Mr. Hilliard asked the Minister for Finance the reason for the reduction in expenditure from £5 million to £1 million under postal and telecommunications services, central fund services. [3625/95]
Written Answers - Central Fund Expenditure.
The reduction in Central Fund expenditure under the Postal and Telecommunications Services Act, 1983 was in fact from £56.113 million to £1 million. In 1994 a payment of £50 million was made, in accordance with section 46 (11) of the Postal and Telecommunication Services Act 1983, from the Central Fund to An Post and Telecom Éireann to meet part of the Exchequer's existing and 1995 liabilities in respect of pre-vesting day pension costs. Further payments in respect of the 1995 pensions liabilities will be made from the Vote for Transport, Energy and Communications. Payments amounting to £6.113 million under section 75 of the Postal and Telecommunications Services Act, 1983 were made to An Post in respect of postal charges arising from the European Assembly elections and Dáil by-elections. A provision of £1 million has been made in respect of election and referendum expenses in 1995.