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Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Financial Statements 2012: Irish Sports Council
(2 Oct 2014)

John McGuinness: Does it get one from the council?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Financial Statements 2012: Irish Sports Council
(2 Oct 2014)

John McGuinness: Did it amount to €1.27 million in 2014?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Financial Statements 2012: Irish Sports Council
(2 Oct 2014)

John McGuinness: Then the Department of Agriculture, Food and the Marine gives €1.2 million again.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Financial Statements 2012: Irish Sports Council
(2 Oct 2014)

John McGuinness: HSI gets nothing directly from Mr. Morgan's Department, so that is €2.4 million.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Financial Statements 2012: Irish Sports Council
(2 Oct 2014)

John McGuinness: HSI has a studbook type of business.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Financial Statements 2012: Irish Sports Council
(2 Oct 2014)

John McGuinness: That brings me to the question of governance. The Department of Agriculture, Food and the Marine gives HSI money. HSI makes money in its own right, as a business, on studbook transactions. What accounts does the council see?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Financial Statements 2012: Irish Sports Council
(2 Oct 2014)

John McGuinness: Does the council see its accounts?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Financial Statements 2012: Irish Sports Council
(2 Oct 2014)

John McGuinness: If Ms Menton sees its accounts, can she tell us the figure for HSI's turnover in terms of studbook transactions or any other transactions? What is its income for 2014?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Financial Statements 2012: Irish Sports Council
(2 Oct 2014)

John McGuinness: Give me a figure for some year.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Financial Statements 2012: Irish Sports Council
(2 Oct 2014)

John McGuinness: How long more is left on the lease at €180,000 per year?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Financial Statements 2012: Irish Sports Council
(2 Oct 2014)

John McGuinness: How long has it to run?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Financial Statements 2012: Irish Sports Council
(2 Oct 2014)

John McGuinness: It is a sub-lease from the OPW.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Financial Statements 2012: Irish Sports Council
(2 Oct 2014)

John McGuinness: How many years remain on the lease?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Financial Statements 2012: Irish Sports Council
(2 Oct 2014)

John McGuinness: Some 30 years?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Financial Statements 2012: Irish Sports Council
(2 Oct 2014)

John McGuinness: With whom is the lease?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Financial Statements 2012: Irish Sports Council
(2 Oct 2014)

John McGuinness: I understand that but it has the property leased from-----

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Financial Statements 2012: Irish Sports Council
(2 Oct 2014)

John McGuinness: Who owns the property?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Financial Statements 2012: Irish Sports Council
(2 Oct 2014)

John McGuinness: Can we find out who owns it, out of interest, and the exact date on which the lease expires?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Financial Statements 2012: Irish Sports Council
(2 Oct 2014)

John McGuinness: And the €5 million was for-----

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Financial Statements 2012: Irish Sports Council
(2 Oct 2014)

John McGuinness: I am not making little of the need to restore the house and to keep it right, and neither am I making it the policy of mergers. When there is a €5 million price tag on a merger, if it were to go ahead to the extent of taking charge of the house, which it probably will have to do, it is not a very cost-effective way of managing a merger.

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