Oireachtas Joint and Select Committees
Thursday, 22 June 2017
Public Accounts Committee
Dublin Institute of Technology and Cork Institute of Technology: Financial Statements
9:00 am
Professor Brian Norton:
The sole role of the foundation is to provide funds to DIT, so the transaction would be for it to pay rent and then to give funds to DIT. It is a net contributor of philanthropic gifts to DIT. If it were a policy decision that it should pay rent, we would obviously abide by that, but it is of net benefit to DIT.
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