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Dormant Accounts Fund.

Dáil Éireann Debate, Thursday - 1 April 2010

Thursday, 1 April 2010

Questions (123)

Bernard J. Durkan

Question:

123 Deputy Bernard J. Durkan asked the Minister for Community, Equality and Gaeltacht Affairs the total expenditure by his Department from the proceeds of the Dormant Accounts Fund in 2009 and the likely expenditure from this fund in 2010; and if he will make a statement on the matter. [14452/10]

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Written answers

The Dormant Accounts Fund Acts provides for an annual transfer by credit institutions and insurance undertakings of monies in accounts determined to be dormant into the Dormant Accounts Fund (DAF).

Expenditure in 2009 under a number of DAF measures that come within the remit of my Department amounted to some €8.9m. In 2010, €6.65m is being provided to meet commitments due to beneficiaries under such measures.

Information relating to the Dormant Accounts Fund and on beneficiaries is available on the website of my Department at www.pobail.ie.

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