Oireachtas Joint and Select Committees

Thursday, 22 September 2022

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020

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9:30 am

Mr. Seamus McCarthy:

The legal fact is the economic share. While the State has put more money into it, if that money has been through a grant, that could have been a grant to a completely private racecourse and so it does not attract an economic interest.

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