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Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Áine Collins: I understand we cannot get the accounts of Rehab Lotteries. Is there a reason for this? Are they published?

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Áine Collins: Rehab Lotteries is a separate entity. I imagine that, even with consolidated group accounts, as Rehab has many subsidiaries, there is a set of accounts prepared for Rehab Lotteries.

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Áine Collins: They are not published and I cannot get them from the Companies Registration Office. Are they filed anywhere?

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Áine Collins: They are guaranteed by the Rehab Group, but that exempts Rehab from filing them and they are not available in the public domain, as opposed to the other accounts.

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Áine Collins: Would it be possible to get a copy of the accounts or could a copy be furnished to the committee?

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Áine Collins: That information would be useful from the point of view of transparency.

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Áine Collins: I appreciate that.

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Áine Collins: I am very much aware that Rehab Lotteries makes very little money on the sale of its lottery tickets, only the money being provided by the Government.

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Áine Collins: I am happy to hear that. I am sorry to interrupt, but does the Care Trust lottery have the same cap?

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Áine Collins: It is profitable, at a figure of 54%, but the cards being sold through retail units in direct competition with the national lottery are not.

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Áine Collins: Is it still capped?

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Áine Collins: I am fully aware of that.

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Áine Collins: I wish to ask a question on the accounts of National Learning Network Limited. It is stated in the documentation that a float of €1.5 million is provided by FÁS.

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Áine Collins: What is the context of having €1.5 million of a float from FÁS?

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Áine Collins: Ms Kerins said earlier she would appreciate some advice on how she would reconfigure the group. It is evident from today that it might be a good idea to take out the charity section and put it in a separate entity.

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Áine Collins: The group is a charity but it also has profitable enterprises that are outside the charity. How is that allowed?

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Áine Collins: Does Ms Kerins think that would be an advantage? I am going through the accounts and I find there is no breakdown of any administration costs. What does Rehab pay to its solicitors every year?

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Áine Collins: Does Rehab have one firm of solicitors in Ireland or many?

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Áine Collins: Does Rehab have a legal firm, or does it tender or appoint somebody or get a quote?

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Áine Collins: Roughly, what kind of figure would Rehab pay in legal expenses?

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