Written answers

Tuesday, 30 May 2023

Department of Transport, Tourism and Sport

State Bodies

Photo of Eoin Ó BroinEoin Ó Broin (Dublin Mid West, Sinn Fein)
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178. To ask the Minister for Transport, Tourism and Sport the parliamentary oversight processes for the collection and allocation of revenue from dividends from commercial State bodies such as NewERA designated bodies. [25569/23]

Photo of Eamon RyanEamon Ryan (Dublin Bay South, Green Party)
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My department has 11 Commercial State Bodies designated under the National Treasury Management Agency (Amendment) Act 2014.

Where a dividend is paid, the State Body pays this directly into the central exchequer fund. My department has no role in the allocation of revenue from this fund; this is a matter for the Department of Public Expenditure, NDP Delivery and Reform who has responsibility for its allocation.

All dividends paid by agencies are a matter of public record and are published in the agencies Annual Reports and Financial Statements.

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