Written answers
Tuesday, 12 April 2005
Department of Community, Rural and Gaeltacht Affairs
Dormant Accounts Fund
9:00 pm
Michael Noonan (Limerick East, Fine Gael)
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Question 590: To ask the Minister for Community, Rural and Gaeltacht Affairs if he will grant aid a project (details supplied) from the dormant accounts fund at his disposal; and if he will make a statement on the matter. [10060/05]
Noel Ahern (Dublin North West, Fianna Fail)
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Decisions on the disbursement of funds from dormant accounts monies are currently a matter for the Dormant Accounts Fund Disbursements Board, an independent body established under the Dormant Accounts Acts. The board has engaged Area Development Management Limited, ADM, to administer the initial round of funding on its behalf, which involves the disbursement of up to €60 million from the fund.
I understand that an application from the group concerned was received by ADM. This application has been evaluated against the criteria set out in the published guidelines and a recommendation made to the Dormant Accounts Fund Disbursements Board for decision. I understand that the board will be meeting shortly to consider a number of applications submitted by ADM for decision, including this application. The group concerned will be advised of the board's decision in due course.
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