Written answers

Tuesday, 15 October 2013

Photo of Charlie McConalogueCharlie McConalogue (Donegal North East, Fianna Fail)
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13. To ask the Minister for Finance if he will provide an update on any exemptions that may be made for the purchase of prize bonds under the Criminal Justice Act 2010 (details supplied); and if he will make a statement on the matter. [42986/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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Officials of my Department are continuing to explore with the National Treasury Management Agency (NTMA) whether or not exemptions available under the Third Money Laundering Directive (2005/60/EC) and its Implementing Directive (2006/70/EC) may be applied to small value purchases of prize bonds facilitated on behalf of the State by An Post and the Prize Bond Company.

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