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Dormant Accounts Fund.

Dáil Éireann Debate, Wednesday - 26 October 2005

Wednesday, 26 October 2005

Questions (46)

Ciarán Cuffe

Question:

115 Mr. Cuffe asked the Minister for Community, Rural and Gaeltacht Affairs if the next phase of funding from the dormant accounts fund will be announced in 2005. [30691/05]

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Written answers

The Deputy will be aware that the Dormant Accounts (Amendment) Act 2005 provides for significant changes in relation to the disbursement of funds from dormant accounts and for a reconstituted board. The Act was commenced on 1 September 2005.

Under this new legislation, I am required to consult the appropriate Ministers for the purpose of developing a proposal for submission to Government for approval. This proposal will include the programmes and types of projects in relation to which applications for disbursements will be invited, as well as the criteria to be applied in assessing applications made in response to the invitation.

The consultation process is under way and I intend to make a proposal to Government shortly concerning the programmes and type of projects in relation to which applications will be invited and funded under the next phase of funding.

Question No. 116 answered with QuestionNo. 93.
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