Dáil Éireann Debate, Wednesday - 22 June 2022
2. Deputy Louise O'Reilly asked the Tánaiste and Minister for Enterprise, Trade and Employment the estimated agency own resource income that will be generated by agencies under his Department in 2022 and 2023, in tabular form. [32899/22]
Amharc ar fhreagraA number of Agencies funded under my Department’s Vote, most notably Enterprise Ireland, IDA Ireland, National Standards Authority of Ireland and the Local Enterprise Offices, generate Own Resource Income (ORI) from a range of their activities. The Agencies may retain and expend the ORI that they generate on pursuing their mandates subject to the limits sanctioned by the Minister for Public Expenditure and Reform.
A request to allow the Agencies concerned to retain and expend Own Resource Income generated in 2022 is currently under consideration by the Minister for Public Expenditure and Reform. Accordingly, I am not in a position at this stage to confirm what the sanctioned levels of ORI will be in 2022. I would expect, however, that the 2022 levels will be consistent with the levels sanctioned in 2021. In terms of 2023, the permitted levels of ORI will not be considered until the beginning of next year. It is also envisaged that they too will be consistent with the 2021 levels.
The attached table below provides the Deputy with the sanctioned levels of ORI for the Agencies concerned for 2021.
|
Agency |
Own Resources Income (€m) |
|
Enterprise Ireland |
94.506 |
|
IDA Ireland |
25.684 |
|
National Standards Authority of Ireland |
27.200 |
|
Local Enterprise Offices |
1.300 |
|
Health and Safety Authority |
4.000 |
|
Total |
152.690 |
In addition to the foregoing, a number of the Department’s Agencies, the Irish Auditing & Accounting Supervisory Authority (IAASA) and the Competition & Consumer Protection Commission and the Personal Injuries Assessment Board (PIAB), impose and receive levies to assist them in carrying some or all of their functions. These levies are determined in accordance with the terms of the relevant governing legislation and are intended to cover the costs of regulation.
