State Bodies

Dáil Éireann Debate, Tuesday - 22 June 2021

Tuesday, 22 June 2021

Ceisteanna (160)

Noel Grealish

Ceist:

160. Deputy Noel Grealish asked the Minister for the Environment, Climate and Communications the State agencies, organisations or boards under the responsibility of his Department or that receive funding from his Department that have been charged interest for savings on deposit in Irish banks since negative interest rates were introduced; the amount of interest that has been charged to each State agency, organisation or board; and if he will make a statement on the matter. [33312/21]

Freagraí scríofa

Minister for the Environment, Climate and Communications

My Department complies with the requirements set out in Circular 13/2014 on Management of and Accountability for Grants from Exchequer Funds in relation to the agencies which receive grant funding from the Department – to limit cash held by the agencies, it is a requirement of the Circular that payments should be made in instalments over the year as needed by each agency and should be no more that is necessary for the period the advance relates to.

The information requested in relation to the bodies under the aegis of my Department is an operational matter for each body. The Department will request the relevant bodies to reply directly to the Deputy with the information requested in respect of their organisations.