Oireachtas Joint and Select Committees
Thursday, 27 February 2014
Public Accounts Committee
Payments to Section 39 Companies: Discussion
1:40 pm
Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source
Bills to the public are all made by the newsagents and 70% of the money used in the scheme, through sales, is administered by the newsagents in terms of the payouts to the low-end winners. Only 30% is coming back to Rehab. Let us consider it from a commercial point of view. If I supplied to a sports company T-shirts for €1 apiece and it sold them for €10 apiece, I would not go back to my board of directors or shareholders and tell them my sales in the year were the sports company's takings on selling those T-shirts. I would tell them my revenue was what I received from the sports company for the T-shirts. It is the same arrangement with the newsagents.
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