Oireachtas Joint and Select Committees
Thursday, 23 January 2014
Committee on Transport and Communications: Select Sub-Committee on Transport, Tourism and Sport
Estimates for Public Services 2014
Vote 31 - Department of Transport, Tourism and Sport (Revised)
2:55 pm
Leo Varadkar (Dublin West, Fine Gael) | Oireachtas source
The IIA is a commercial semi-State body which makes a profit and pays a dividend. As the Deputy stated, the dividend goes straight to the Exchequer, not into the Department's accounts. Even though it is a commercial semi-State, it also has a regulatory role. It is a hybrid in the sense that it does some work on behalf of the Department, particularly in the area of safety.
No comments