Irish Sweeps proceeds for Hospitals Trust Fund
O’Connell sought the net amount reaching hospitals after stamp duty; Haughey said £498,984 was paid into the fund, including £124,746 in stamp duty, and maintained this was practically £500,000. The net figure remained unclear.
asked the Minister for Health the total proceeds from the sale of tickets from the Irish Sweeps Autumn Handicap and the amount remaining for the hospital fund after deductions.
Comment on this
The total proceeds from the sale of tickets from the Irish Sweeps Autumn Handicap last year was £1,704,180 including sellers' prizes totalling £40,900. The total amount accruing to the Hospitals Trust Fund after payment of prizes and expenses was £498,984, which includes £124,746 stamp duty.
Comment on this
What is the net amount accruing to the hospitals and what does it represent as a proportion of the total proceeds?
Comment on this
The total proceeds were £1.7 million and the Hospitals Trust Fund got a little short of £500,000.