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Bord na gCon Administration

Dáil Éireann Debate, Tuesday - 14 July 2015

Tuesday, 14 July 2015

Questions (395, 396)

Niall Collins

Question:

395. Deputy Niall Collins asked the Minister for Agriculture, Food and the Marine if the Irish Greyhound Board has assessed the financial impact and additional annual cost into the future of keeping its €23 million debt on interest-only terms and not making any capital repayments, as per note 24 to its annual accounts 2013. [28778/15]

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Niall Collins

Question:

396. Deputy Niall Collins asked the Minister for Agriculture, Food and the Marine if his Department or the Irish Greyhound Board carried out any cost-benefit analysis on the option of paying off the board's debts to Allied Irish Banks in a lump sum, rather than maintaining the debt on interest-only terms; and if he will make a statement on the matter. [28779/15]

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Written answers

I propose to take Questions Nos. 395 and 396 together.

Bord na gCon is the statutory body responsible for the regulation and development of greyhound racing under the Greyhound Act, 1958. Bord na gCon is a body corporate and a separate legal entity to the Department of Agriculture, Food and the Marine.

The issues to which the Deputy refers are an operational matter for Bord na gCon.

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