Vol. 565 No. 1
212 Mr. Neville asked the Minister for Arts, Sport and Tourism further to Parliamentary Question No. 584 of 29 January 2003 regarding the grant of ?76,184 allocated to a company (details supplied) under the 2001 sports capital grant programme, the progress in paying this grant to the organisation. [10174/03]
As I stated in my reply to the previous question on this matter, to which the Deputy refers, one of the conditions of the grant allocation was the execution of a legal deed which provides, inter alia, for a refund of the grant in the event of the facility not continuing to be used for the purpose for which the grant was allocated. This deed, called a deed of covenant and charge, which was formerly known as a deed of trust, is invoked by my Department's legal advisers, the Chief State Solicitor's office, CSSO. Payment of the grant can only proceed when the deed of covenant and charge is in place. The CSSO is still awaiting the necessary documentation from the solicitors acting on behalf of the company in question to enable the deed of covenant and charge to be put in place. A letter was issued to the solicitors by the CSSO on 7 April 2003 requesting again the outstanding documentation. My Department has granted the company a further and final extension for the drawing down of the grant to 1 June 2003 to enable the deed of covenant and charge to be invoked.
