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Public Accounts Committee: Financial Statements 2020: Housing Agency
Financial Statements 2021: Approved Housing Bodies Regulatory Authority
Chapter 7: Housing Agency Revolving Acquisition Fund
Section 2 Report – Unauthorised Release of Funds from the Central Fund of the Exchequer
(19 Jan 2023)

Brian Stanley: Will you outline that briefly again, Mr. Baneham? Are you talking about housing units that have come out of the end of the financing period?

Public Accounts Committee: Financial Statements 2020: Housing Agency
Financial Statements 2021: Approved Housing Bodies Regulatory Authority
Chapter 7: Housing Agency Revolving Acquisition Fund
Section 2 Report – Unauthorised Release of Funds from the Central Fund of the Exchequer
(19 Jan 2023)

Brian Stanley: What if the land is in the ownership of the AHB, which would be the case-----

Public Accounts Committee: Financial Statements 2020: Housing Agency
Financial Statements 2021: Approved Housing Bodies Regulatory Authority
Chapter 7: Housing Agency Revolving Acquisition Fund
Section 2 Report – Unauthorised Release of Funds from the Central Fund of the Exchequer
(19 Jan 2023)

Brian Stanley: To clarify, though, with the CAF scheme, Mr. Baneham-----

Public Accounts Committee: Financial Statements 2020: Housing Agency
Financial Statements 2021: Approved Housing Bodies Regulatory Authority
Chapter 7: Housing Agency Revolving Acquisition Fund
Section 2 Report – Unauthorised Release of Funds from the Central Fund of the Exchequer
(19 Jan 2023)

Brian Stanley: Yes, so it is the approved housing body that owns the land. There is no legal lien in terms of freehold or leasehold on the land. That is-----

Public Accounts Committee: Financial Statements 2020: Housing Agency
Financial Statements 2021: Approved Housing Bodies Regulatory Authority
Chapter 7: Housing Agency Revolving Acquisition Fund
Section 2 Report – Unauthorised Release of Funds from the Central Fund of the Exchequer
(19 Jan 2023)

Brian Stanley: We are after dealing with a lot of stuff. It is a big challenge for everyone. I know there is a lot of questioning and scrutiny of the issues, and it is a challenge for the agency, the regulator, the Department and us as public representatives. I thank the witnesses and the staff from the agency and the regulatory body - we wish them well on this - and the Department of Housing, Local...

Public Accounts Committee: Business of Committee (19 Jan 2023)

Brian Stanley: The business this afternoon is minutes, accounts and financial statements, correspondence, work programme, the Comptroller and Auditor General's section 2 report, and any other business. We will then go briefly into private session before adjourning until next Thursday, 26 January. The minutes of our meeting on 15 December have been circulated. Do members wish to raise matters about...

Public Accounts Committee: Business of Committee (19 Jan 2023)

Brian Stanley: That compares with University College Dublin-----

Public Accounts Committee: Business of Committee (19 Jan 2023)

Brian Stanley: I thank Mr. McCarthy for that report. In regard to the Beaumont Hospital audit, obviously it is not just one issue. There is a range of issues there. As a committee we should correspond with it to find out what it has done to address the four issues. On the governance issue, does it have a permanent chair now? How soon will it have a permanent chair? On the failure of the board to...

Public Accounts Committee: Business of Committee (19 Jan 2023)

Brian Stanley: That is one point that has been addressed. We could ask what it is doing in regard to the other three points. Hopefully the new chairperson will oversee some of this. Does any other member wish to come in?

Public Accounts Committee: Business of Committee (19 Jan 2023)

Brian Stanley: We will request to know the steps that have been taken to safeguard and ensure that, from Beaumont Hospital's point of view, these matters are being addressed effectively and that measures are in place to ensure they are compliant. Does anybody want to raise any of the other financial statements?

Public Accounts Committee: Business of Committee (19 Jan 2023)

Brian Stanley: Could the Department wind up owning part of this after 2024, if it is converted into equity?

Public Accounts Committee: Business of Committee (19 Jan 2023)

Brian Stanley: I know that.

Public Accounts Committee: Business of Committee (19 Jan 2023)

Brian Stanley: Sorry. What I mean is it could have it through Horse Racing Ireland.

Public Accounts Committee: Business of Committee (19 Jan 2023)

Brian Stanley: That is social housing. Can we agree and note the listing of accounts and financial statements? Agreed. As usual, the list of accounts and financial statements will be published as part of the minutes. Members will be aware that the Comptroller and Auditor General presented a report, prepared in accordance with the provisions under section 2(7) of the Comptroller and Auditor General...

Public Accounts Committee: Business of Committee (19 Jan 2023)

Brian Stanley: That carries over to a number of areas, including dental.

Public Accounts Committee: Business of Committee (19 Jan 2023)

Brian Stanley: A number of matters have been raised. We will put them in our programme for future consideration. No. 1620B from Mr. David Moloney, Secretary General of the Department of Public Expenditure and Reform, dated 12 December, providing information requested by the committee at our meeting with the Department on 20 October. It is proposed to note and publish this correspondence. Is that...

Public Accounts Committee: Business of Committee (19 Jan 2023)

Brian Stanley: Members should bear in mind that we have a large volume of correspondence to deal with today. Does Deputy Carthy wish to come in?

Public Accounts Committee: Business of Committee (19 Jan 2023)

Brian Stanley: That is fine. We have proposed and accepted that we are going to note and publish that item. No. 1625B from Mr. David Moloney, Secretary General of the Department of Public Expenditure and Reform, dated 6 December, providing information requested by the committee regarding the accumulated pension liabilities of the Office of the Regulator of the National Lottery. This arose over recent...

Public Accounts Committee: Business of Committee (19 Jan 2023)

Brian Stanley: That is correct. It is regarding pension liabilities.

Public Accounts Committee: Business of Committee (19 Jan 2023)

Brian Stanley: From the reading of it, it seems that the Department of Public Expenditure and Reform will take on the responsibility for the prior pensions.

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