Jack Chambers (Dublin West, Fianna Fail)
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57. To ask the Minister for Education and Skills if the full allocation of funding has been transferred to Caranua or if a portion remains to be transferred; the amount in total that been and remains to be transferred to Caranua, respectively; and if he will make a statement on the matter. [37900/16]

Richard Bruton (Dublin Bay North, Fine Gael)
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The funding arrangements for Caranua, the Residential Institutions Statutory Fund, are set out in the Residential Institutions Statutory Fund Act 2012. The legislation provides that €110 million in contributions from religious congregations will be provided to Caranua to help meet the needs of persons who, as children, were abused in residential institutions. To date some €96.1 million, comprising contributions and associated interest, have been received from congregations and deposited in the special investment account opened by the National Treasury Management Agency (NTMA) in accordance with section 29 of the 2012 Act. It is expected that the remaining congregational contributions will be received by 2018.