Ruairi Ó Murchú (Louth, Sinn Fein) | Oireachtas source

If I am producer I get section 481 funding and I put the money into a designated activity company, DAC. This DAC will last for the time it takes to make the production. Within this are whatever costs are incurred. We are not quite sure about the end product of this. Whatever about what must be given to the Revenue Commissioners for ticking the boxes, we do not know who owns what intellectual property because the DAC no longer exists. The tool that was used to draw down the money disappears and we have an entity that may or may not be worth a huge amount of money still in play. The witnesses have spoken about materials that are bought that do not stay in play. I imagine the entire idea of section 481 was to build up industry.