Oireachtas Joint and Select Committees

Thursday, 9 May 2024

Public Accounts Committee

Financial Statements 2022: University of Limerick

9:00 am

Dr. Alan Wall:

We worked for about one year to help them to get a process in place for that. There is something that has never been made sufficiently clear to the PAC and I will take a moment to do it now. When the Department puts us in funds to give to a university for a project, the Department, under the public spending code, is the approving authority. When we give that money for a project, we do a massive amount of due diligence. The approving authority requires us to give it clarity and assurances around that. When we do not put it in funds, but the university decides to buy land or property of any sort, under the Universities Act it does not have to tell the HEA, the Department or the Minister. It is entitled to do that under the Universities Act.