Oireachtas Joint and Select Committees

Thursday, 18 April 2013

Public Accounts Committee

2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 30 - Communications, Energy and Natural Resources
Chapter 20: Broadcasting Fund
Broadcasting Fund Financial Statements 2011
Broadcasting Authority of Ireland Financial Statements 2011

12:10 pm

Mr. Michael O'Keeffe:

We will probably have an ongoing cash situation and this happens at a particular point. For example, it happened at the end of February before we issued the invoices for March. It was resolved by the end of March. We have an arrangement in place with the NTMA to cover that. It is linked historically to the fact that we are funded by the levy. Due to the fact that the levy scheme was established on the basis of a quarterly payment in arrears, we, in effect, had no funding until April 2010.

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