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

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12:10 pm

Ms Celene Craig:

Yes, that we would be allocating. The bulk of the moneys for the broadcast funding scheme would be kept in higher interest deposit accounts. However, we would have to keep a certain amount on short-term deposit to enable cashflow for the grantees of the scheme.

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