Oireachtas Joint and Select Committees

Thursday, 22 September 2022

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020

9:30 am

Mr. Martin Blake:

Yes. It recognised the development of the IHRB as the regulatory body. It is funded through the HRI. This is the regulatory forum in which this happens. As part of the arrangement, it has voluntarily agreed to comply with the code of governance for State bodies, even though it is not a State body. Its rules and regulations and governance systems comply with the code. It has a service-level agreement with HRI in relation to providing the regulatory services.