Joe McHugh (Donegal North East, Fine Gael) | Oireachtas source

As the Deputy knows, the sale of Údarás na Gaeltachta's shares in Arramara Teo to Acadian Seaplants Limited was approved by the board of Údarás na Gaeltachta on 1 March 2013, subject to ministerial approval. On 7 May 2014, Údarás na Gaeltachta was satisfied that the conditions laid down had been complied with fully. The point on penalties is important, however. In the event of a breach of covenant, Údarás na Gaeltachta has advised that penalties will apply. This also relates to the protection of processors. I will remain vigilant in ensuring the harvesters are protected.

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