Oireachtas Joint and Select Committees
Friday, 18 August 2017
Joint Oireachtas Committee on Transport, Tourism and Sport
Report into Ticketing at Rio Olympic Games: Discussion (Resumed)
9:00 am
Mr. John Treacy:
As I clarified earlier, if we are giving less than 50% of an organisation's funding, we do not have the authority to do a corporate governance review. Under the new policy direction, it is a condition of funding that the new code be implemented. We will audit the governing bodies under the new code, which means we will be able to go much further, without legislation, in looking at the corporate governance of organisations, including those which we fund less than 50%.
Sport Ireland adopted the voluntary code in 2016 and recommended that the governing bodies adopt it.
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