Oireachtas Joint and Select Committees

Thursday, 6 July 2017

Public Accounts Committee

2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015

9:00 am

Ms Ann Nolan:

At that point, it will have to sell off any remaining interests. The State will have a choice to either monetise what is left by selling it or to take it into some other State organisation, because we will get any surplus. Assuming it has paid off all the debt, the surplus applies to the State.

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