Brian Hayes (Dublin South West, Fine Gael)

The Minister said in his reply to the Second Stage debate that €1.5 million exists currently in matching funds - funds that have been obtained by the alliance. Admittedly, it is a difficult internationally to obtain funds for philanthropic purposes such as this. Am I right in assuming that if that €1.5 remains in place for the duration of this year, the only sum of money that could be drawn down from the State's perspective is simply €1.5 million on our side? In other words, I take it that the maximum objective of €4 million a year could not be realised were the matching funds of €4 million not provided this year.

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