Oireachtas Joint and Select Committees

Thursday, 19 November 2015

Public Accounts Committee

2014 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Vote 18 - Shared Services
Vote 41 - Office of Government Procurement
Chapter 4 - Vote Accounting and Budget Management
Chapter 5 - Management of Government Grants
Chapter 6 - Payroll Accrual for National Accounts
Chapter 7 - National Lottery Fund

10:00 am

Mr. Robert Watt:

No, we do not. The Central Bank is separate with regard to the discharge of its function in respect of pay. Since we are the originators of the legislation and the legislation applies to the Central Bank, we are certainly happy to support it in its assessment. The key issue is, however, whether the Central Bank is consistent with the legislation that governs the pay arrangements for the bank. This is a matter we will explore with the Central Bank.

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