Oireachtas Joint and Select Committees

Thursday, 10 October 2019

Public Accounts Committee

Business of Committee

9:00 am

Photo of Marc MacSharryMarc MacSharry (Sligo-Leitrim, Fianna Fail) | Oireachtas source

I understand, but can we do that retrospectively? We breached our own legislation in the amount of the levy because about half a cent per year is probably what it should be as opposed to 2 cent. It went up to 2 cent from 1 cent back in 2009, I think, because NORA owed €450 million. It has now cleared its debts since 2017 but we ploughed ahead gathering up the money. What is the legal position in having that in an account? It is a company, is it not?

Comments

No comments

Log in or join to post a public comment.