Michael Ring (Mayo, Fine Gael) | Oireachtas source

I move amendment No. 5:

In page 22, between lines 30 and 31, to insert the following:"(4) For the purposes of subsection (3)(a), the Minister may specify a period that is longer or shorter than a financial year of the Council.".

These amendments, which were suggested by the Comptroller and Auditor General, relate to the period that can be covered in the final accounts of the Irish Sports Council and the National Sports Campus Development Authority. Normally, the accounts would cover a 12-month financial year, but these amendments allow the final accounts to cover the longer period from January 2014 up to the date Sport Ireland is established in 2015. The approach suggested by the Comptroller and Auditor General is more effective for accounting and auditing purposes.

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