Oireachtas Joint and Select Committees

Wednesday, 27 March 2013

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform

National Lottery Bill 2012: Committee Stage

4:15 pm

Photo of Brendan HowlinBrendan Howlin (Wexford, Labour)
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We are dealing with the legislation now. We are working on the terms of the licence. The levy will be set in that context. I might set out a timeframe and give it to the Chairman for him to send out to members. The indicative timeframe is: the launch of the competition, which we have done; in the third quarter of this year, select the preferred bidder and negotiate the final terms; in the fourth quarter, the up-front consideration payable by the successful bidder, and we hope to have the allocation of money by the end of the year; and in 2014, commencement of the licence subject to transitional arrangements, to begin from next year.