Oireachtas Joint and Select Committees

Thursday, 8 February 2018

Public Accounts Committee

2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund

9:00 am

Mr. Kevin McCarthy:

There was a review of sorts. It was a consultation with other the Departments involved before the subsequent disbursement scheme was put in place. It was not a full impact review, as would have been envisaged and required, I think, under the legislation. The Comptroller and Auditor General, quite rightly, pointed to the fact that a full impact review had not been undertaken. I think that at the time there was probably a view that, in consulting the other Departments involved, this was sufficient in meeting the requirements of reviewing the experience of the first disbursement scheme.