Oireachtas Joint and Select Committees

Thursday, 24 November 2022

Public Accounts Committee

Financial Statements 2021: National Lottery Fund

9:30 am

Photo of Matt CarthyMatt Carthy (Cavan-Monaghan, Sinn Fein) | Oireachtas source

I will have to come in. There is a very specific question. If a regulator is overseeing a body that spends substantially more on any given product or service than is available on the market, I would consider it as part of an A, B, C of regulation to draw attention to that and at least question it. The evidence the regulator is providing here is that unless this actually creates an existential problem for the company in itself, the regulator does not have a role.

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