Séamus Healy (Tipperary, Workers and Unemployed Action Group) | Oireachtas source

I thank both Departments for their presentations. My questions are mainly for the Department of Finance.

Mr. McCarthy has stated that the intention behind the establishment of Irish Water was to create a commercial entity that was off the Government's balance sheet and in order for that to happen, classification had to be provided by EUROSTAT. One of EUROSTAT's considerations is that the costs must be funded by less than 50% Government funding. Is that correct? Who will pay the other 50% plus costs?