Ms Carol Boate:

No. The €16 million was left in the fund. It is the same fund which is held in the Central Bank, as it always has been. That money was left over in the fund from when An Post National Lottery Company held the licence.

It was not clear or obvious where it should go - it was not legally clear. This is being actively looked at and once there is a clear answer we will know where to move the money. Our job is to keep it safe in the fund until it becomes clear where it is supposed to go, and then we will move it.