Oireachtas Joint and Select Committees

Thursday, 2 March 2017

Public Accounts Committee

Business of Committee

9:00 am

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

The next item concerns the Inland Fisheries Board, for which there is a clear audit opinion on the 2015 accounts.

The next item concerns Bord na gCon, for which there is a clear audit opinion on the 2015 accounts, but it is noted that the board considers preparation of the financial statements on a going concern basis remains appropriate based on ongoing State funding, increases in profits from racing facilities, new income streams and the continuation of the board's bank borrowing facilities and the future sale of assets in accordance with its assets disposal strategy. As we have already agreed that it be included in our work programme, its representatives will be coming before us. Other members have raised the matter.

The next item concerns the National Lottery Fund, for which there is a clear audit opinion. Am I correct that this is the transfer from the operator to the account? Who runs the fund?

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