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Dormant Accounts Fund.

Dáil Éireann Debate, Wednesday - 2 June 2004

Wednesday, 2 June 2004

Questions (276)

Mary Upton

Question:

276 Dr. Upton asked the Minister for Community, Rural and Gaeltacht Affairs if a community group (details supplied) will be funded from the dormant accounts fund. [16711/04]

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Written answers

At present decisions on the disbursement of funds from dormant accounts are a matter for the Dormant Accounts Fund Disbursements Board. It is an independent body established by the Dormant Accounts Acts. The board has engaged Area Development Management Limited to administer the initial round of funding of up to €30 million on its behalf.

ADM Limited received an application from the group. It will evaluate all applications against the criteria in the published guidelines and recommendations submitted to the board for decision. The group concerned will be advised of the outcome in due course.

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