Oireachtas Joint and Select Committees
Thursday, 7 November 2013
Public Accounts Committee
Bord na gCon - Annual Accounts 2011
1:10 pm
Mr. Michael Murnane:
Correct. The lifespan of a track is 25 years. The plan is that the financial model we are developing will put those loans on a 15-year normal commercial term model. The latter is normally the case with a business loan. This is a matter of discussion at present and will be subject to circumstances in the future.
No comments