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Office of the Director of Corporate Enforcement Funding

Dáil Éireann Debate, Tuesday - 14 May 2019

Tuesday, 14 May 2019

Ceisteanna (248)

Clare Daly

Ceist:

248. Deputy Clare Daly asked the Minister for Business, Enterprise and Innovation the estimated cost in a full year if the budget for the Office of the Director of Corporate Enforcement increased by 30%. [20690/19]

Amharc ar fhreagra

Freagraí scríofa

The distribution of the funding allocations across my Department’s Vote, including that of the Office of the Director of Corporate Enforcement, is determined through the annual Revised Estimates Volume (REV) process.

An additional €1m was provided for the ODCE in 2019 to reflect the likely costs associated with the transition of the ODCE into a stand-alone Agency. A funding allocation of €6.057m has been provided for the ODCE for 2019.

The estimated full year cost of a 30% increase in the ODCE’s 2019 funding allocation is €1,817,100, which would result in an allocation of €7,874,100.

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