Jack Wall (Kildare South, Labour)
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Question 147: To ask the Minister for Community, Rural and Gaeltacht Affairs the position regarding an application for funding by a group (details supplied); and if he will make a statement on the matter. [25928/10]

Pat Carey (Dublin North West, Fianna Fail)
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The Dormant Accounts Fund Acts provide for an annual transfer by credit institutions and insurance undertakings of monies in accounts determined to be dormant into the Dormant Accounts Fund (DAF). Since its establishment in May 2003 to end-May 2010, the net transfers to the DAF have totalled some €359m.

The projects to which the Deputy refers are currently funded under a measure managed by the Department of Communications, Energy and Natural Resources. I understand that the projects in question received approval for grants totalling some €93,000, of which some €27,000 was for capital needs and the balance of some €66,000 for operational purposes. The nature of funding received from the DAF is that it is once-off in nature and this is made clear to projects at the time of application.

Further details of the projects to which funding has been allocated to date and a summary of the status of the DAF are available on my Department's website www.pobail.ie/en/DormantAccounts.