Oireachtas Joint and Select Committees
Thursday, 7 November 2013
Public Accounts Committee
Bord na gCon - Annual Accounts 2011
12:10 pm
Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source
Would it require a statutory instrument or a letter from a Minister to increase it? What would the procedure be to do that? I can understand why the going concern was an issue, given that Bord na gCon is at the limit of its borrowing. If income drops in subsequent years, I can understand how the board could have a difficulty, because it is at the limit of its legal facility to borrow. What arrangement would be necessary if the board required further moneys?
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