Oireachtas Joint and Select Committees

Thursday, 20 November 2014

Public Accounts Committee

2013 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service

11:40 am

Mr. Sean Quigley:

The investment committee, the registrar of the wards of court and I would look at that case and say there is a risk the fund will run out. We would look to maximise the returns within the risk tolerance that we have. Ultimately, if the funds are going to run out, there is nothing we can do about it. Ultimately, if the care of the person is still an issue it will fall on the State to provide the facilities. There is no situation, however, where the State will step in and provide funding.