Oireachtas Joint and Select Committees

Wednesday, 11 March 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functioning of National Lottery: Discussion

2:15 pm

Mr. Liam Sloyan:

One question was about whether I had given any commitment that the operator could not expect fines. I have not given any such commitment. I would never give such a commitment to a regulated entity.

There was a question about our role in checking technical systems. In both the licence and the legislation there is a range of powers for the regulator to demand reports, information and records and to approve the internal processes for the way the operator operates and the people it has to audit its systems. I also have access to all of the systems and I am in a position to send people to look at them. In this context, it must be remembered that I cannot actually operate the lottery and it would not be right for me to do so. I must be independent of the operator. It is the operator's responsibility to achieve all of these things. There are powers in the legislation and the licence whereby I can effectively monitor the operator, but ultimately it is its responsibility and I must be independent of it.

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