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
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
In respect of the application of the 10% rule, there are different headings. For example, under B3 - water services investment, there was a carry forward of €34 million and under E9 - Leader programme, there was a carry forward of €9 million. The carry forward from B3 runs in at around 10% of the initial sum granted in the year. However, under the Leader programme there was an underspend of over €19 million but the carryover is actually €9 million, which is a 5% carryover. Is that correct?
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