Dáil Éireann Debate, Tuesday - 27 November 2018
540. Deputy Fiona O'Loughlin asked the Minister for Rural and Community Development when the independent review of Pobal’s charitable status will be published; and if he will make a statement on the matter. [49365/18]
View answerPobal is a not for profit company which was originally established by Government in 1992 as Area Development Management (ADM) Ltd. Charitable status was granted to the company by the Revenue Commissioners on the 20th November 1996. In 2005 ADM was re-named Pobal. In accordance with Section 40 of the Charities Act, 2009, Pobal was entered onto the Register of Charitable Organisations on 16 October 2014.
The basis for Pobal having charitable status is tied to the objects of the Company, which are specified in its Memorandum and Articles of Association. I am satisfied that Pobal is fully compliant with the relevant legislative requirements including those of the Charities Act, 2009.
Pobal has commissioned an independent review of its charitable status which I understand is now at a very advanced stage. The board of Pobal will receive a final report upon conclusion of the review. I understand that the matter will be put before the Board of Directors at their January meeting.
My Department has had no input into this independent review. However, Pobal will be sharing the outcome of the review with my Department through our corporate governance and oversight arrangements.
