Seanad debates
Tuesday, 17 May 2005
Dormant Accounts (Amendment) Bill 2004 [Seanad Bill amended by the Dáil]: Report and Final Stages.
4:00 pm
Éamon Ó Cuív (Galway West, Fianna Fail)
The answer to Senator White's question is that once we have enacted legislation, we must take all necessary steps to approve a plan, which will take a number of months. All existing applications have been assessed and will either be accepted or rejected. I would hope to have a very systematic way of looking for applications in a subsequent year rather than using an omnibus approach whereby all types of applications from all sectors are solicited. We will be doing this in a few months time.
No comments