Oireachtas Joint and Select Committees

Thursday, 19 April 2018

Public Accounts Committee

Business of Committee

9:00 am

Mr. Seamus McCarthy:

Ordnance Survey Ireland raises funds by selling in the market. It sells maps and other services. Therefore, it has a second source of funding. Effectively, what it is doing in its financial statements is taking a view that the State will meet the liability for pension funding.