Oireachtas Joint and Select Committees

Thursday, 25 October 2018

Public Accounts Committee

2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 10 - Funding and Oversight of Approved Housing Bodies
Vote 34 - Housing, Planning and Local Government
2017 Financial Statements - Housing Agency

9:00 am

Mr. John McCarthy:

The immediate implication of the ruling was that the approved housing bodies sector came on-balance sheet and the Minister for Finance reflected the implications of that in the stability programme update, which is the annual publication put out in, I think, April of each year for EU purposes. That is the immediate implication. Where does it go after this? The AHB sector is looking at, and continues to look at, the decision in some detail. That was one aspect of the decision but they are obviously-----

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