Oireachtas Joint and Select Committees

Thursday, 19 January 2023

Public Accounts Committee

Financial Statements 2020: Housing Agency
Financial Statements 2021: Approved Housing Bodies Regulatory Authority
Chapter 7: Housing Agency Revolving Acquisition Fund
Section 2 Report – Unauthorised Release of Funds from the Central Fund of the Exchequer

9:30 am

Ms Susanna Lyons:

Correct, but under charity law you are not allowed to distribute any profits or anything like that, so if they were to sell a house or a dwelling, those moneys would need to be put back into the charity for its charitable purpose.

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