Oireachtas Joint and Select Committees

Thursday, 3 October 2013

Public Accounts Committee

2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Superannuation and Retired Allowances
Vote 42 - Office of the Minister for Public Expenditure and Reform
Chapter 6 - Financial Commitments under Public Private Partnerships
Chapter 12 - Vote Accounting
Chapter 13 - Procurement without a Competitive Process

11:10 am

Mr. Robert Watts:

If commercial semi-State companies plan to conduct transactions above a certain value they require the approval of the relevant line Minister and the Minister for Public Expenditure and Reform. They also require approval for significant disposals or significant changes in their balance sheets. I am not aware of a significant change in Coillte's balance sheet in the past two years.