Dáil Éireann Debate, Tuesday - 30 May 2023
178. Deputy Eoin Ó Broin asked the Minister for Transport the parliamentary oversight processes for the collection and allocation of revenue from dividends from commercial State bodies such as NewERA designated bodies. [25569/23]
View answerMy department has 11 Commercial State Bodies designated under the National Treasury Management Agency (Amendment) Act 2014.
Where a dividend is paid, the State Body pays this directly into the central exchequer fund. My department has no role in the allocation of revenue from this fund; this is a matter for the Department of Public Expenditure, NDP Delivery and Reform who has responsibility for its allocation.
All dividends paid by agencies are a matter of public record and are published in the agencies Annual Reports and Financial Statements.
