Oireachtas Joint and Select Committees

Thursday, 23 February 2023

Public Accounts Committee

2020 Report of the Comptroller and Auditor General - Chapter 14: Assessment and Collection of Insurance Compensation Fund Levies
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer

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9:30 am

Dr. Colm O'Reardon:

The way this works is that, in 2011, the Minister, Government and State loaned approximately €1 billion to the insurance compensation fund, which is being repaid from the proceeds of the levy.

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