Denis Naughten (Roscommon-South Leitrim, Fine Gael)
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Question 292: To ask the Minister for Agriculture, Fisheries and Food further to Parliamentary Question No. 537 of 6 May 2009 the position regarding the recovery of funds; and if he will make a statement on the matter. [46952/10]

Brendan Smith (Cavan-Monaghan, Fianna Fail)
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Agreement was reached with the company in question for a full and final settlement of €10,000 of the original grant-aid amount of €65,280.

The settlement amount recovered reflected the fact that the equipment was in use for its intended purpose for a significant part of the four year period on restriction on change of use and was not disposed of during the four year period.