Oireachtas Joint and Select Committees
Thursday, 27 February 2014
Public Accounts Committee
Payments to Section 39 Companies: Discussion
3:50 pm
Ms Angela Kerins:
A charity can own assets. That is not a problem. However, one cannot take the assets away from the charity without giving it proper value for them. Therein lies the problem. One cannot just say here is the commercial and over there is the charity and the two do not meet, because the actual charity, Rehab, owns the commercial. That is the problem. Somewhere there must be a solution to this problem. Our motivation is to get clarity here for everyone in order that people are not delving in and trying to find things out in relation to the structure of the organisation.
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