Tuesday, 10 December 2019

Questions (139)

James Browne

Question:

139. Deputy James Browne asked the Minister for Finance the agencies or organisations under the remit of his Department; the number that have boards; the number of positions on each board; the number of vacant positions; and the agencies or organisations that have boards whose members have an obligation to appear before committees of the Houses of the Oireachtas. [51495/19]

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Written answers (Question to Finance)

There are 17 bodies under the aegis of my Department, 6 of which do not have a board. These are the Office of the Comptroller and Auditor General, the Credit Review Office, the Credit Union Advisory Committee, the Irish Bank Resolution Corporation, the Irish Financial Services Appeals Tribunal and the Tax Appeals Commission.

The details, as requested by the Deputy, of the remaining 11 bodies are outlined in the table below:

Body Name

Does the Body have a Board

Number of Positions on the Board

Number of Vacant Positions on the Board

Do any Board Members have an obligation to appear before committees of the Houses of the Oireachtas

Central Bank

Yes

10 – 12

1 – 3

Yes

Credit Union Restructuring Board (ReBo)

Yes*

3

0

No

Disabled Drivers Medical Board of Appeal

Yes

5

0

Yes

Financial Services and Pensions Ombudsman

No**

5 – 7

0

Yes

Home Building Finance Ireland

Yes

7

0

Yes

Investor Compensation Company DAC

Yes

12

1

No

Irish Fiscal Advisory Council

Yes

5

0

Yes

National Asset Management Agency

Yes

8

1

Yes

National Treasury Management Agency

Yes

9

0

Yes***

Office of the Revenue Commissioners

Yes

3

0

Yes

Strategic Banking Corporation of Ireland

Yes

9

0

Yes

* The Credit Union Restructuring Board (ReBo) has been wound down since June 2017 and legislation is currently progressing through the Houses of the Oireachtas to formally dissolve ReBo. There is a caretaker board, consisting of 2 officials from my Department and an existing director, in place until ReBo is formally dissolved.

** While the Financial Services and Pensions Ombudsman does not have a Board, it is required pursuant to Section 37 of the Financial Services and Pensions Ombudsman Act 2017, to have a Council.

*** Under the NTMA Acts, the Chairperson and the Chief Executive shall, at the request in writing of a Committee, attend before it to give account for the general administration of the Agency, except for any matter which is or has been or may at a future time be the subject of proceedings before a court or tribunal in the State.