Heather Humphreys (Cavan-Monaghan, Fine Gael) | Oireachtas source

For clarification, the Bill specifically provides that the Minister will have "regard to the operational, capital and contingency costs" of PIAB when determining the sum to be retained. The Department and PIAB must agree an appropriate level of revenue reserves. The Comptroller and Auditor General has recommended this. The funding it requires is also a matter for the PIAB board, which will establish what it needs. This will be agreed with the Minister of the day. The Office of the Comptroller and Auditor General, which also audits PIAB, has made this recommendation. That is why we are following through on it.