Seán Fleming (Laois-Offaly, Fianna Fail)
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Question 332: To ask the Minister for Jobs, Enterprise and Innovation if any State board appointees have volunteered to waive their fee or expenses; the names of such persons; the corresponding savings to the State; and if he will make a statement on the matter. [11896/12]

Richard Bruton (Dublin North Central, Fine Gael)
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Of the fifteen members of the Board of Irish Auditing and Accounting Supervisory Authority, IAASA, four are not entitled to Board fees by virtue of the positions they hold. These are the CEO of IAASA, the Director of Corporate Enforcement, the representative from the Revenue Commissioners and the representative from the Central Bank. Of the remaining Board Members, Mr Brendan Kennedy - Pensions Board nominee waived his entitlement to fees for 2011.

This represents a saving of €11,970 per annum.

IDA Ireland

The Chairman of the Board of IDA Ireland, Liam O'Mahony, has elected to waive his fee for membership of the Board. Also two Ordinary Members of the Board have opted to waive their fee. They are, Mr Paul Duffy, appointed to the Board on 8th February 2011, and Mr Alan Gray, who was appointed to the Board of IDA Ireland on 25th January 2012.

This represents a saving of €44,460 per annum.

Shannon Development

The Board of Shannon Development have not waived their fees/expenses, however they have all taken a voluntary reduction in their fees of 5%.

Forfás

Dr Don Thornhill, an Ordinary Member of the Board of Forfás has elected to waive his fee.

This represents a saving of €11,970 per annum.

Expenses are a day to day matter for the Agencies. In this regard I have asked that each Agency contact the Deputy directly with the relevant information.