Oireachtas Joint and Select Committees

Tuesday, 28 May 2019

Committee on Budgetary Oversight

National Broadband Plan: Minister for Public Expenditure and Reform

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I will ask one final question for now. According to the letter from the Minister's Secretary General, dated 16 April, the potential break points will kick in in years four, six and ten. The Secretary General has asked pertinent questions about what would happen in the event that the break clauses were invoked by the Government. One question relates to the issue of ownership. In a scenario where the contract is terminated mid-stream in year six and the State has, according to the Secretary General, invested up to €2 billion, what will be the fallout and who will own what?


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