Oireachtas Joint and Select Committees

Thursday, 27 February 2014

Public Accounts Committee

Payments to Section 39 Companies: Discussion

1:40 pm

Mr. John McGuire:

I am not sure about the point the Deputy is making. We would invoice for the €100. From that, we take off the commission and the allowance for the low-end prizes. Therefore, they are our sales. We have to account for every ticket we issue so it is important we know where every ticket is. That is the way we operate it. In effect, the Deputy is correct that the only real money we actually get back is net of the prizes and commission.

Comments

No comments

Log in or join to post a public comment.