Oireachtas Joint and Select Committees

Thursday, 23 October 2014

Public Accounts Committee

2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
2012 Accounts of the National Paediatric Hospital Development Board

12:30 pm

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

I am being told - which I would always have understood to be the case - that the funds from the proceeds of the National Lottery have gone into the Central Fund of the Exchequer. I would have thought they could not be anywhere else. Therefore, this euphemism of ring-fencing is more of a political thing. There is no ring-fenced area in the Cental Fund. Has the Comptroller and Auditor General seen one?

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