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Dáil Éireann díospóireacht -
Wednesday, 15 Dec 1965

Vol. 219 No. 7

State Guarantees Act, 1954 (Amendment of Schedule) (No. 2) Order, 1965.

I move:

That Dáil Éireann approves the following Order in draft:

State Guarantees Act, 1954 (Amendment of Schedule) (No. 2) Order, 1965,

a copy of which Order in draft has been laid before the House.

The Institute of Public Administration has sought assistance from the Government in the matter of financing its accommodation requirements.

The accommodation at present occupied by the Institute is at times found inadequate, so that it is necessary to rent outside accommodation on a temporary basis. There has been an expansion in the Institute's activities in recent years, particularly in providing training courses for civil servants and local authority employees and overseas training, i.e., of students from the developing countries, and due to the establishment of the School of Public Administration.

To cope with this expansion, the Institute has arranged to purchase a house adjoining the two houses which the Institute already owns. Funds are needed to cover the purchase and to reduce the Institute's bank overdraft. Arrangements have been made to borrow the necessary funds on a long-term basis, subject, however, to principal and interest being covered by a State guarantee. The Government have approved the giving of the necessary guarantee and to implement this approval it is necessary to add the Institute to the bodies scheduled to the State Guarantees Act, 1954, with a maximum amount of £30,000 to be guaranteed. The draft Order before the House for approval will implement this intention.

Question put and agreed to.
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