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Dáil Éireann díospóireacht -
Wednesday, 31 Oct 1979

Vol. 316 No. 6

Written Answers. - IDA Expenditure.

385.

asked the Minister for Industry, Commerce and Energy if he will outline in detail how the expenditure of public funds by the IDA is rendered accountable to the public interest, and the precise authority of his Department over the activities of that semi-State body.

Legislative provision for the accountability of the Industrial Development Authority for expenditure of public funds is contained in paragraph 8 of the Second Schedule to the Industrial Development Act, 1969.

There are numerous provisions in the Industrial Development Act relating to my authority over the activities generally of the IDA. I would refer the Deputy in particular to sections 5, 11 (i), 17 (1) and (2), 20, 24, 26 (6), 27, 28, 29, 36, 37, 38, 39, 40, 42, 44 of the Industrial Development Act, 1969 and to sections 2 (ii) and 9 in the Second Schedule to that Act.

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