Seanad debates

Tuesday, 30 April 2013

National Lottery Bill 2012: Committee Stage

 

7:25 pm

Photo of Brendan HowlinBrendan Howlin (Wexford, Labour) | Oireachtas source

This section relates to the funding of the regulator's office. It will work in conjunction with section 24. It provides that the Minister may advance to the regulator what is essentially a loan which the regulator shall repay with interest. The Departments of Finance and Public Expenditure and Reform, I am afraid, take the pound of flesh.

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