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Dáil Éireann debate -
Thursday, 11 Dec 2003

Vol. 577 No. 1

Written Answers. - Dormant Accounts Fund.

Tony Gregory

Question:

207 Mr. Gregory asked the Minister for Community, Rural and Gaeltacht Affairs the way in which the allocation process of the dormant accounts fund will be altered by the decision to fund the new rural social scheme; if this will result in a significant reduction in the allocations under the original headings of disability, education and social disadvantage; and if he will make a statement on the matter. [30569/03]

The focus of the rural social scheme, which was announced in last weeks budget, will be to provide ongoing income and employment support to small farmers who can no longer make a viable living on the land. It is intended that the scheme will be ongoing.

Funding for the scheme will be provided from savings made in social welfare payments and there will be an extra provision of €10 million to cover additional costs of wages, insurance and materials. It is intended that this €10 million will come from the Dormant Accounts Fund and will be additional to the €30 million annually which will be distributed under the fund in accordance with the dormant accounts board disbursement plan which was published in early November.
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