Oireachtas Joint and Select Committees

Thursday, 28 February 2013

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform

Finance Act 2004 (Section 91) (Deferred Surrender to the Central Fund) Order 2013: Motion

10:20 am

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

There is a general concept of project management that arises from such an approach. In his opening address the Minister stated:


Capital carryover within a Vote does not have to be spent on the same subhead or programme where the saving occurred. It may be spent on a different programme depending on progress and priorities.
That provides for a certain flexibility in the scheme. How flexible is the flexibility? Does it mean that capital can be transferred to current spending or must it remain in the capital subheads?

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