Seanad debates

Wednesday, 7 July 2004

Dormant Accounts (Amendment) Bill 2004: Committee Stage.

 

6:00 pm

Photo of Éamon Ó CuívÉamon Ó Cuív (Galway West, Fianna Fail)

What will happen, as happens already regarding other schemes in my Department, is that there will be clear criteria by which the various programmes will be adjudicated. These will be public knowledge and the Senator and the dormant accounts board will be able to measure absolutely when reviewing each year's work whether the disbursal method was transparent, objective criteria existed and the decisions were objective.

Under the legislation as it stands, the Minister has the power to vary the plan. We have exercised that power and I have explained in this House how we have done so. Furthermore, under the legislation as it stands, I can give any direction I want to the board to disburse money for any purpose I see fit.

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