Written answers
Tuesday, 6 July 2010
Department of Agriculture and Food
Horse and Greyhound Racing Fund
10:00 am
Niall Collins (Limerick West, Fianna Fail)
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Question 573: To ask the Minister for Agriculture, Fisheries and Food the amount grant aided for the years 2004 to 2009 under the horse and greyhound fund; and if he will make a statement on the matter. [29332/10]
Brendan Smith (Cavan-Monaghan, Fianna Fail)
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Government support for the horse and greyhound racing industries is provided under the Horse and Greyhound Racing Fund which was established under Section 12 of the Horse and Greyhound Racing Act, 2001 (the Act). In accordance with the Act, 80% and 20% of the moneys paid into the Fund each year are distributed between Horse Racing Ireland (HRI) and Bord na gCon respectively. I am pleased to inform the Deputy that the amounts paid from the Horse and Greyhound Racing Fund over the period 2004-2009 were as follows:
Year | Amount €(000) |
2004 | 66,914 |
2005 | 68,350 |
2005 | 70,059 |
2007 | 73,111 |
2008 | 76,286 |
2009 | 68,128 |
This investment has been the catalyst for a period of sustained growth and development within both the horse and greyhound racing industries, which are significant to Ireland's rural economy.
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