Oireachtas Joint and Select Committees

Thursday, 1 June 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Motor Insurance Costs: Minister of State at the Department of Finance

10:00 am

Photo of Eoghan MurphyEoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source

There is no particular date. The date is every six months from when a body takes the first drawdown. Under that process the liquidator takes a claim. The State Claims Agency verifies the claim and then brings it to the accountant of the High Court. The accountant of the High Court brings the claim to the High Court for the release of payment. The accountant of the High Court does that in batches to make it as expeditious as possible because doing it for individual cases does not make sense.

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