Oireachtas Joint and Select Committees
Thursday, 20 April 2023
Public Accounts Committee
2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed)
9:30 am
Mr. Michael McGrath:
The Department, in its role, has set out the legislative framework and the accounts are audited and presented each year to the Oireachtas with the information that is in it. There is transparency there. The administrator goes into the court seeking funds in relation to an issue and the High Court adjudicates on that but, overall, there are audited accounts. The Central Bank has to maintain-----