Oireachtas Joint and Select Committees

Tuesday, 19 February 2019

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion

Mr. Conor O'Mahony:

On the funding side, for most years we have effectively built in a contingency provision that is primarily with regard to legal costs. Anyone who deals with the law knows these costs can be extremely high. Mr. Drennan referred to the appointment of inspectors in the case of INM and significant expenses are accruing on this case. Particularly in 2019, we will probably not be giving back much money. It is a typical departmental subhead, whereby a provision is marked out and if it is not spent it becomes available to the rest of the Department. It is not as if it is-----