Written answers

Wednesday, 20 July 2016

Department of Education and Skills

Residential Institutions Statutory Fund

Photo of Thomas ByrneThomas Byrne (Meath East, Fianna Fail)
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181. To ask the Minister for Education and Skills the funds that are still awaited from religious orders in respect of Caranua. [23239/16]

Photo of Richard BrutonRichard Bruton (Dublin Bay North, Fine Gael)
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Contributions from congregations are deposited in the special investment account opened by the National Treasury Management Agency (NTMA) in accordance with section 29 of the 2012 Residential Institutions Statutory Fund Act. Some €96.1m comprising contributions and associated interest have been lodged to this account to date. It is expected that the bulk of the €110m in congregational contributions earmarked for Caranua will be received by 2018.

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