Written answers

Tuesday, 8 April 2014

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail)
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78. To ask the Minister for Finance if he will provide a breakdown of the €204 million in receipts from the sale of State property as listed in the March month end Exchequer returns; and if he will make a statement on the matter. [16674/14]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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The End March 2014 Exchequer Statement included capital receipts of €202.5 million under the heading "National Lottery License payment". This is the first instalment of the upfront Licence Fee payable by Premier Lotteries Ireland Limited for the next licence to operate the National Lottery.  The second instalment of a further €202.5 million is due to be paid by Premier Lotteries Ireland Limited to the Exchequer in the last quarter of this year.

Further capital receipts of €1.86 million were received under the heading "Sale of State Property". These receipts are broken down as follows:

Proceeds of Sale of Land Navan Rd, Cabra €1,702,800.73
Sale of Coastguard Cottage no 12 Crosshaven Cork€130,000.00
Sale of plot of land adjacent to Skibereeen Garda Station€10,000.00
Return of Deposit for Decentralisation Carlow Co Council€25,000.00
Total€1,867,800.73
The alternative Exchequer Statement, which is published alongside the Exchequer statement, has both of these receipts combined under heading of "Sale of State Property".

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