Dáil Éireann Debate, Wednesday - 17 September 2014
1367. Deputy Jonathan O'Brien asked the Minister for Education and Skills if staff salaries in Caranua are funded from the €110 million allocated to the body or from other Exchequer funds; and if she will make a statement on the matter. [33898/14]
View answerAll expenditure incurred by the Residential Institutions Statutory Fund (Caranua) in the performance of its functions, including its payroll costs, are met from the investment account operated by the National Treasury Management Agency. In accordance with the Residential Institutions Statutory Fund Act 2012 the investment account is financed from the contributions from the religious congregations of up to €110 million and any associated interest. There is no provision for the use of Exchequer funds to meet the costs associated with the operation of the Fund.
