David Stanton (Cork East, Fine Gael)
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Question 267: To ask the Tánaiste and Minister for Enterprise, Trade and Employment further to Parliamentary Question No. 292 of 20 May 2008, the conditions in place in CEBs to recover grant and aid allocated to businesses that then cease to operate; if all grants and aid must be refunded in such cases; if she will provide a breakdown of the amount of moneys recouped by each of the CEBs each year respectively from 2003 to 2007; and if she will make a statement on the matter. [22051/08]

Mary Coughlan (Donegal South West, Fianna Fail)
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Procedures dealing with the recovery of grant aid form part of the terms and conditions included in the grant agreement between the Boards and relevant project promoters. Boards may revoke, cancel, recover or abate grant aid in the event of a number of scenarios including the cessation of business. In deciding what appropriate action should be taken to retrieve allocated monies from project promoters Boards would take due cognisance of any financial or legal considerations that may apply in individual cases and whether there is a realistic prospect of retrieving the funding.

It is a matter for individual Boards to satisfy themselves that appropriate mechanisms are in place to allow for the recovery of grant aid should the need arise. This is a day to day matter for the Boards and my Department does not collect or retain information on the amount of monies recuperated by CEBs arising from grant aid allocated to businesses who then cease to operate.