Written answers
Thursday, 19 July 2012
Department of Finance
National Asset Management Agency
5:00 pm
Pearse Doherty (Donegal South West, Sinn Fein)
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Question 54: To ask the Minister for Finance the budgeted costs for the National Assets Management Agency advisory board in 2012 and 2013; the broad headings of expenditure under which these costs will be incurred; if there is support being provided to the Board by his Department or other Government Departments which is not included in the Board's budget; and if he will provide the detail of any such support [35959/12]
Michael Noonan (Limerick City, Fine Gael)
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My department has budgeted costs in the region of €40,000 to cover the hotel, travel and subsistence costs of the advisory group for 2012 and the cost budget for 2013 has not yet been completed. As previously advised, the members of the group operate on a pro bono basis. There is no other support provided or costs incurred by my department to, or on behalf of, the group. I have agreed that the group will meet and report to me at least four times a year. I have met with the group on two occasions since it was established. It is also open to the Chair to contact me as issues arise. I expect the advisory group to play a valuable role and I can confirm that I am satisfied with the operation and progress of the group to date.
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