John O'Mahony (Mayo, Fine Gael)
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Question 583: To ask the Minister for Community, Rural and Gaeltacht Affairs the residual moneys that remain in the Dormant Account Fund; if he has decided the organisations or bodies that are to be funded from the remaining amount in the funds; and if he will make a statement on the matter. [23633/08]

John O'Mahony (Mayo, Fine Gael)
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Question 597: To ask the Minister for Community, Rural and Gaeltacht Affairs the amount of money allocated from dormant accounts in 2006 and 2007; the expected allocation in 2008; and if he will make a statement on the matter. [23630/08]

John Curran (Dublin Mid West, Fianna Fail)
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I propose to take Questions Nos. 583 and 597 together.

Under the Dormant Accounts Acts, disbursement of unclaimed dormant accounts are used for the purposes of assisting three broad categories of persons — those affected by economic and social disadvantage; those affected by educational disadvantage; and persons with a disability.

In addition to €63 million of disbursements agreed by the Dormant Account Fund Disbursement Board (DAFDB) the Government approved disbursements of some c€162 million up to the end of 2007. The Government allocated c€86 million in 2006 and €59 million in 2007. To the end of 2007 therefore c€225 million in total was approved for disbursal from the Dormant Account Fund.

When account is taken of the amounts committed by the DAFBD and Government, the balance remaining in the Dormant Accounts Fund amounted to approximately €83 million at end 2007. I propose to further discuss general arrangements relating to disbursements for 2008 with my Cabinet colleagues shortly.