Oireachtas Joint and Select Committees

Thursday, 17 October 2024

Public Accounts Committee

Financial Statements 2023 - Charities Regulatory Authority

9:30 am

Photo of Mairéad FarrellMairéad Farrell (Galway West, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

According to a press statement from 2017 that the regulator has on its website:

The Charities Regulator has completed a review of registered charities holding shares in section 110 companies on trust. The purpose of the review was to establish the number of registered Irish charities holding shares in section 110 companies and to determine whether they fell within the remit of the Charities Act 2009.

Two of the main conclusions were that "Four registered charities were identified as holding shares in section 110 companies on trust" and "Of the identified registered charities, one was de-registered because the organisation fell within the scope of section 8 of the Charities Act". My understanding of that is there were three that would not have been deregistered.