Oireachtas Joint and Select Committees

Wednesday, 23 November 2022

Joint Oireachtas Committee on Agriculture, Food and the Marine

Horse and Greyhound Racing Fund Regulations 2022: Department of Agriculture, Food and the Marine

Photo of Charlie McConalogueCharlie McConalogue (Donegal, Fianna Fail)
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Provision for the 80-20 split is in the Act. A legal change is possible and we could change the legislation to do that. It is important to have a level of certainty there for both organisations as to their funding on a year-to-year basis. We have worked to ensure that there are incremental improvements. It is also important for both organisations that they leverage what is happening in the private sector, and additional funding outside of that, in order that there is income generation happening in both spheres. There are two arguments to that. However, the level of certainty that is there is important.