Oireachtas Joint and Select Committees

Thursday, 21 November 2019

Public Accounts Committee

2018 Annual Report of the Accounts of the Public Services
Chapter 9 - Greenhouse Gas-Related Financial Transactions: Discussion (Resumed)

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

We are on the one side in respect of this. We could start by acknowledging that we are starting from where we are, which is that this documentary evidence has not existed in the past, it was not produced each year and let us start producing it now. We just want an acknowledgement that the €3.5 billion collected went into central funds. Mr. Carroll is stating it. We know that. I have seen nothing yet to say that the extra €90 million will not go into the same account again. We can all talk about ring fencing but it will go into the central fund as far I understand it. The Minister did not announce on budget day that it would be a hypothecated fund set up like the motor tax fund that was mentioned this morning.

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