Dáil Éireann Debate, Tuesday - 23 October 2012
294. Deputy Anthony Lawlor asked the Minister for Jobs, Enterprise and Innovation if he will provide figures regarding funding for the National Consumer Agency in 2012; if he will outline the biggest single cost to the agency in the past 12 months; if same is current or capital expenditure; and if he will make a statement on the matter. [45871/12]
View answerFunding to support the non-financial education activities of the National Consumer Agency is provided from my Department's Vote. Funding in respect of the consumer education and information functions, which the Agency assumed from the Financial Regulator on the enactment of the Central Bank Reform Act 2010, is provided from a levy imposed by the Agency on regulated financial entities.
Funding allocated to the Agency from my Department's Vote in 2012 mounted to €5,716,000. The Agency has estimated that it will receive further funding in the amount to €3,310,176 from the aforementioned levy on regulated financial entities in 2012. The determination of funding for the Agency in 2013 is a matter for consideration as part of the budgetary process. The biggest cost to the Agency in the last 12 months has been pay. The Agency does not have a capital budget.
