Dáil debates

Tuesday, 28 June 2005

4:00 pm

Photo of Bertie AhernBertie Ahern (Dublin Central, Fianna Fail)

The dispute as to whether Dublin Waterworld is liable to pay VAT of €10,254,600 on the granting of the lease has been referred to arbitration which will be concluded shortly. The dispute regarding repair and maintenance and as to whether Dublin Waterworld has properly maintained the national aquatic centre has been referred to an architect for expert determination. This process is under way as per the court ruling.

On the question of the lease, the remaining issues against Dublin Waterworld for failure to pay rent, the failure to provide audited accounts, thus preventing the profit share to be circulated; the failure to pay insurance on the building; and the failure to establish a sinking fund, are still subject to court proceedings——

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