Wednesday, 31 March 2021

Questions (342)

Patrick O'Donovan

Question:

342. Deputy Patrick O'Donovan asked the Minister for Finance if a copy will be provided of the Ministerial consent signed by the Minister of State at his Department to allow Limerick City and County Council draw down funding under the large-scale sport infrastructure fund for the new athletics hub at Newcastle West, County Limerick. [17065/21]

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Written answers (Question to Finance)

I am advised by officials in my Department that a notice of consent, signed by Minister of State, Seán Fleming T.D., has issued to Limerick City and County Council in relation to a proposed new athletics hub at Newcastle West, Co Limerick.

Minister of State Fleming granted his consent on 25 February 2021. An electronic copy of the signed notice of consent issued to Limerick City and County Council on that date. A hard copy of the signed notice of consent subsequently issued to Limerick City and County Council on 23 March 2021.

The obligation on Limerick City and County Council to seek consent arose under Section 67(2) of the Credit Institutions (Stabilisation) Act, 2010. This section was enacted in order to ensure compliance with the terms of the loan agreements under the EU-IMF financial assistance programme.