Oireachtas Joint and Select Committees
Thursday, 27 February 2014
Public Accounts Committee
Payments to Section 39 Companies: Discussion
1:40 pm
Mr. John McGuire:
As far as we were concerned in interpreting the spirit of what was in the application prior to the audit referred to, we gave the Department each year full details of what we were spending the money on. It was running from 1996 to 2010. Year in, year out, we sent in what the money was being spent on and we had no queries. We had assumed that our interpretation of what was not administration was correct. All the amounts were paid in full without any query.
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