Written answers
Wednesday, 9 December 2009
Department of Finance
Departmental Bodies
10:00 pm
Seán Sherlock (Cork East, Labour)
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Question 108: To ask the Minister for Finance the number of State boards, agencies, regulators or other bodies under his remit; the cost of these bodies; and if he will make a statement on the matter. [46053/09]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The information requested by the Deputy is outlined in the tables below. Table A lists the State Bodies under the aegis of my Department in receipt of Exchequer funding and their Budget allocation for 2009. Table B lists other State Bodies under the aegis of my Department not in receipt of Exchequer funding and as such information on budgets is not included.
Table A
| Body | Budget for 2009 |
| Decentralisation Implementation Group | €28,150 |
| Public Appointments Service | €13,100,000 |
| Disabled Drivers Medical Board of Appeal (DDMA) | €371,500 |
| Special EU Programmes Body (SEUPB) | €3,762,000* |
| Valuation Tribunal | €300,000 |
| Review Body on Higher Remuneration in the Public Sector | €55,000 |
| Committee for Performance Awards | €48,000 |
| Civil Service Arbitration BoardCivil Service Disciplinary Code Appeal BoardIndependent Mediator for the Civil Service | €70,000 |
| Outside Appointments Board | €20,000 |
| **National Treasury Management AgencyNational Treasury Management Agency Advisory CommitteeNational Pensions Reserve FundNational Pensions Reserve Fund CommissionState Claims AgencyState Claims Agency Policy CommissionNational Development Finance AgencyBoard of the National Development Finance AgencyNational Asset Management Agency | €43,000,000*** |
* The total budget for the running costs of Special EU Programmes Body in 2009 is €3.762m of which the Department of Finance is responsible for funding €1.709m. This figure represents a higher than average funding figure as the costs associated with the relocation of the Special EU Programmes Body's Belfast Office have been included.
** The NTMA acts as the State Claims Agency, the Manager of the National Pensions Reserve Fund and is the body through which the National Development Finance Agency (NDFA) performs its functions. Staff working in the areas of the State Claims Agency are NTMA employees who are assigned to these business activities.
*** Exchequer cost which includes staff costs of NTMA, including staff assigned to State Claims Agency, National Pensions Advisory Committee, National Pensions Reserve Fund Commission, State Claims Agency Policy Committee and Board of NDFA. In addition, costs of approximately €27 million were incurred in respect of management of National Pensions Reserve Fund and were charged directly to the Fund.
Table B
| Name of Body |
| Interim Board of the Civil Service Childcare Initiative |
| Disciplinary Appeals Board |
| Central Bank and Financial Services Authority of Ireland |
| Irish Financial Services Regulatory Authority(Financial Regulator) |
| Irish Financial Services Appeals Tribunal |
| Financial Services Ombudsman Council |
| Financial Services Ombudsman |
| Financial Services Consultative Consumer Panel |
| Financial Services Consultative Industry Panel |
| Investor Compensation Company Ltd. |
| An Post National Lottery Company |
As the Deputy may be aware, €4bn in capital was provided to Anglo Irish Bank from Exchequer funds in 2009 to protect the economy from the wider losses that would have occurred in the event of a failure of the Bank.Costs incurred in the provision of capital to Anglo are recoupable under the terms of the Subscription Agreement concluded with the Bank. Also, costs incurred by the State in relation to Anglo under the Credit Institutions (Financial Support) Act 2008 and the Anglo Irish Bank Act 2009 are recoupable under the terms of each Act.
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