Oireachtas Joint and Select Committees
Thursday, 23 February 2023
Public Accounts Committee
2020 Report of the Comptroller and Auditor General - Chapter 14: Assessment and Collection of Insurance Compensation Fund Levies
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer
9:30 am
Dr. Colm O'Reardon:
The background to all of this is set out in a useful way in the report of the Auditor and Comptroller General. It outlines some of the history to all of this. I understand that the ICF has its basis in legislation that dates from 1964. There has been an ICF arrangement in place for a very long time. The Quinn situation was exceptional in its scale. That created-----