Richard Bruton (Dublin North Central, Fine Gael)
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Question 124: To ask the Minister for the Environment, Heritage and Local Government when he expects to receive the 2008 accounts from the Dublin Docklands Development Authority; his views on the matter if the DDDA had incurred losses and has reached its statutory borrowing limit; and if he will make a statement on the matter. [35920/09]

John Gormley (Dublin South East, Green Party)
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I understand that the Annual Accounts of the Authority for 2008 are now finalised within the Authority and will be submitted to me in the coming days, following which I will bring them to the attention of Government and arrange to have them laid before both Houses. In advance of consideration of the Accounts by my Department, I am not in a position to comment in detail on their contents. I understand, however, that they will show an operating deficit for 2008 and that the Authority is taking steps to manage this deficit. Under Section 30 of the Dublin Docklands Development Act 1997, as amended, the Authority can borrow monies, up to a limit of €127m, with my prior consent and with the consent of the Minister for Finance. I am informed by the Authority that the approved borrowing limits are being complied with.