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Departmental Agencies

Dáil Éireann Debate, Thursday - 13 October 2011

Thursday, 13 October 2011

Questions (74)

Anthony Lawlor

Question:

73 Deputy Anthony Lawlor asked the Minister for Jobs, Enterprise and Innovation the amount of funding received by the National Consumer Agency from 2009 to date in 2011. [29327/11]

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Written answers

The National Consumer Agency received €6.105 million and €5.578 million by way of public funds in the years 2009 and 2010 respectively. Up to the end of September 2011 the Agency has received a total of €3.774 million in public funds. The Agency's total allocation for 2011 is €6.366 million.

From 1st January 2011 the Agency assumed responsibility for the consumer education and information functions of the Financial Regulator. The Agency has received additional public funds to cover the cost of the exercise of certain elements of this function, albeit that these funds and the further costs of exercising this function will be fully recouped by the imposition of a levy on prescribed regulated financial service entities later this year.

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