Oireachtas Joint and Select Committees
Thursday, 21 February 2019
Public Accounts Committee
Kildare and Wicklow Education and Training Board: Financial Statements 2015
9:00 am
Kate O'Connell (Dublin Bay South, Fine Gael) | Oireachtas source
Following on from that question, a break clause was mentioned, which is normal in a lease. What is the penalty? Has Dr. Keyes looked at the break clause in this lease and, if so, what is the penalty in a 20-year lease which is costing the taxpayer €7 million, plus VAT? Following on from Deputy Jonathan O'Brien's questions, we are not even sure about the legal standing of the lease technically. What would be the payout if the lease was stopped prematurely? Can we have that figure, please? What would be the percentage of the total cost of the €7 million? It is not a difficult question.
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