Written answers
Thursday, 1 April 2010
Department of Community, Rural and Gaeltacht Affairs
Dormant Accounts Fund
4:00 am
Bernard Durkan (Kildare North, Fine Gael)
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Question 123: To ask the Minister for Community, Equality and Gaeltacht Affairs the total expenditure by his Department from the proceeds of the Dormant Accounts Fund in 2009 and the likely expenditure from this fund in 2010; and if he will make a statement on the matter. [14452/10]
Pat Carey (Dublin North West, Fianna Fail)
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The Dormant Accounts Fund Acts provides for an annual transfer by credit institutions and insurance undertakings of monies in accounts determined to be dormant into the Dormant Accounts Fund (DAF).
Expenditure in 2009 under a number of DAF measures that come within the remit of my Department amounted to some €8.9m. In 2010, €6.65m is being provided to meet commitments due to beneficiaries under such measures.
Information relating to the Dormant Accounts Fund and on beneficiaries is available on the web-site of my Department at www.pobail.ie.
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