Skip to main content
Normal View

Dormant Accounts Fund.

Dáil Éireann Debate, Tuesday - 22 June 2004

Tuesday, 22 June 2004

Questions (283)

Seán Crowe

Question:

283 Mr. Crowe asked the Minister for Community, Rural and Gaeltacht Affairs if his attention has been drawn to the application to the dormant accounts fund from a project (details supplied) to purchase a bus; if the required funding will be made available; and if so, if it will be procured in the near future before the bus has been sold. [18517/04]

View answer

Written answers

Decisions on the disbursement of funds from dormant accounts moneys are a matter for the Dormant Accounts Fund Disbursements Board, an independent body established under the Dormant Accounts Acts. The board has engaged Area Development Management Limited, ADM, to administer the initial round of funding on its behalf which will involve the disbursement of up to €30 million from the fund.

I understand that an application from the group concerned has been received by ADM. All applications received will be evaluated by ADM against the criteria set out in the published guidelines and recommendations made to the dormant accounts board for decision. The group concerned will be advised of the outcome in due course.

Top
Share