Oireachtas Joint and Select Committees

Wednesday, 11 October 2017

Joint Oireachtas Committee on Justice, Defence and Equality

Wards of Court: Discussion

9:00 am

Mr. James Finn:

This was the subject of a High Court decision in recent years where the then President of the High Court felt that overall funds would benefit from the expertise, not least because the sum of the money involved means that we can negotiate a very good price on the fees payable. We are where we are when it comes to current legislation - the new legislation will change things dramatically - but as things stand, the legal responsibility for the investment rests with the President of the High Court and the Courts Service. We engage, and try to engage as much as possible, on the matter of expenditure needs and whether properties are bought or sold, and naturally that feeds into our investment policy.

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