Oireachtas Joint and Select Committees

Thursday, 27 February 2014

Public Accounts Committee

Payments to Section 39 Companies: Discussion

3:40 pm

Mr. Brian Purcell:

Our three recommendations are being carried out. The Chairman referred to the fact that one of the recommendations stated there was to be an agreement. The fact is that there was no specific objection to, if one likes, the administration issues in relation to them. In fact, as we have continued to pay out the money under the schemes which we will continue to do until the end of 2015 when the final payments will be made under the schemes, these new arrangements will continue to be in place. Notwithstanding the one line in the first recommendation that there be an agreement and even if there was no formal agreement, these procedures are in place and accepted.

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