Dáil Éireann Debate, Tuesday - 20 October 2009
183 Deputy Arthur Morgan asked the Tánaiste and Minister for Enterprise, Trade and Employment her plans for the surplus in the national training fund; if she will use the surplus in the national training fund to support skills development in small and medium enterprises; and if she will make a statement on the matter. [36849/09]
View answerUnder the terms of the National Training Act, 2000 any surplus remains in the accounts of the National Training Fund for re-investment in eligible training activity. Current NTF funding allocations to FÁS, Skillnets Ltd and Enterprise Ireland, already help to fund a broad spectrum of training initiatives for Small and Medium Sized Enterprises (SMEs) including in-company training as well as a range of tailored industry sector programmes.
