Dáil debates
Wednesday, 9 October 2013
Other Questions
Sale of State Assets
2:20 pm
Brendan Howlin (Wexford, Labour) | Oireachtas source
The reform package published by the Government includes a measure that asks for all legislation to be reviewed after a period. I have my own views in that regard. All legislation should be reviewed but the exact period will depend on the type of legislation concerned. Some matters lend themselves to a review after one year, but others would not be fully embedded in that period. That is a matter for debate. I stated on Committee Stage of the National Lottery Bill 2012 that I would update Members on the ring-fencing of money for the national children's hospital. Thankfully, we have had a successful bid of €405 million. The first tranche of that money will be paid in December when the licence is signed and the new licence will become effective 12 months hence. The second moiety of payment, which will be in the order of €200 million, will be ring-fenced for the national children's hospital, and I expect it to be drawn down during the course of 2015.
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