Results 2,921-2,940 of 15,555 for speaker:Eoghan Murphy
- Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)
Eoghan Murphy: I thank everyone for attending today. The area I want to look at is the charitable lotteries scheme. I would like to get a rundown of that scheme and how it works in practice, and I will base some of my questions on the internal audit that was done by the Department of Justice and Equality in 2012. To be clear on how the scheme works, Rehab gets an amount of funding from the Department...
- Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)
Eoghan Murphy: Let us focus on the scratch card because that is sold through newsagents-retailers. When we get a figure of €3.9 million in scratch cards sold, are they sold through newsagents?
- Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)
Eoghan Murphy: In return, does Rehab get matched funding from the Department based on that level of sales in newsagents?
- Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)
Eoghan Murphy: On the level of sales?
- Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)
Eoghan Murphy: The higher Rehab's level of sales, the more funding it will get from the Department.
- Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)
Eoghan Murphy: I understand why the scheme is in place. Essentially, for nearly €4 million of sales, Rehab got approximately €4 million from the Department in 2011 which came across through that scheme.
- Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)
Eoghan Murphy: But for the scratch card portion, would it have been approximately €3.9 million?
- Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)
Eoghan Murphy: It is almost equal funding. It is almost like-for-like funding with the scratch cards. If one sells-----
- Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)
Eoghan Murphy: Rehab had €3.9 million in sales of scratch cards, and what funding came across from the Department?
- Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)
Eoghan Murphy: Yes, in 2011.
- Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)
Eoghan Murphy: Was that coming across from the Department for the scratch card sales?
- Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)
Eoghan Murphy: The total payout. Did that also include the bingo? I am sorry, it is just to clarify it.
- Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)
Eoghan Murphy: Did the €3.9 million cover scratch card sales and the bingo card sales?
- Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)
Eoghan Murphy: I thank Mr. Purcell for the clarification. I want to understand how this scheme works in terms of how the newsagents come to make the sales of this amount. Rehab sells batches of tickets to newsagents and they pay a cost price for that. For example, where Rehab would sell a batch of 200 cards to a newsagent and those cards would sell for €200, what figure would the newsagent pay...
- Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)
Eoghan Murphy: Two hundred tickets at €1.
- Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)
Eoghan Murphy: I am sorry, I will stop Mr. McGuire for a moment. I will talk him through it, as I understand it, and he can correct me if I am wrong. I have seen the scratch cards, thank you. I do not need to see them again. The newsagent pays Rehab upfront for that batch of €200 tickets.
- Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)
Eoghan Murphy: Separate from commission, does Rehab invoice the newsagent for that?
- Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)
Eoghan Murphy: Separate from the commission that the newsagent takes, Rehab charge a fee for that batch because he is responsible for managing the €200 in sales of those scratch cards.
- Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)
Eoghan Murphy: What would be the typical amount for that gross invoice?
- Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)
Eoghan Murphy: As was explained to me, the newsagents are responsible for selling the €200 individual scratch cards. They take a commission on that. Did Mr. McGuire say that was 12%?