Oireachtas Joint and Select Committees

Thursday, 5 November 2020

Public Accounts Committee

2019 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2019
Chapter 17 - Ireland Apple Escrow Fund

11:30 am

Photo of Paul McAuliffePaul McAuliffe (Dublin North West, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

On the €758 million transferred to Irish Water, could Mr. Moran talk to us about the difference between a capital contribution and a capital grant? Am I right in saying that was the equivalent of the property tax collected in the first year? Irish people have a stake in where the money goes. There was no rearrangement of shares or any sort of acknowledgment. How was it treated from an accounting perspective?