Dáil debates

Tuesday, 16 December 2014

Water Services Bill 2014: Committee Stage (Resumed)

 

8:30 pm

Photo of Alan KellyAlan Kelly (Tipperary North, Labour) | Oireachtas source

Work proceeded during the year in establishing the full extent of the liabilities, other than loans, and they are now estimated at approximately €50 million, rather than the previous figure of €200 million. Therefore, it should be possible to accommodate the €150 million of local authority water services-related debt held by commercial banks within the €200 million liabilities figure already included in the regulated asset base by the Commission for Energy Regulation. In addition, it now is proposed that the €450 million owed to the Housing Finance Agency should be-----

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