Oireachtas Joint and Select Committees
Wednesday, 22 November 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion
Jim O'Callaghan (Dublin Bay South, Fianna Fail)
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In the highly unlikely event that there was a Government prior to 2041 that wanted to access money in the fund, how will that be prevented? Let us say that ten years from now, the Government decides it wants more money. There is money in these funds and they are not supposed to mature; the first does not mature and cannot be accessed until 2041. How, without legislative change, does it block a Government from doing that?