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Dormant Accounts Fund.

Dáil Éireann Debate, Thursday - 28 October 2004

Thursday, 28 October 2004

Questions (277)

Breeda Moynihan-Cronin

Question:

277 Ms B. Moynihan-Cronin asked the Minister for Community, Rural and Gaeltacht Affairs if an application for grant aid from the dormant accounts funds by an organisation in County Kerry (details supplied) will be facilitated; when he proposes to make a decision on the application; and if he will make a statement on the matter. [26452/04]

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Written answers

Decisions on the disbursement of funds from dormant accounts moneys are currently 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 to administer the initial round of funding on its behalf, which will involve the disbursement of up to €60 million from the fund.

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

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