Dáil
‹ Ceisteanna—Questions. Oral Answers. - National Lottery. Carrying lottery funds into 1988
Summary
Noonan asked whether unspent 1987 lottery funds could carry over. The Minister confirmed they would remain in the lottery account and be available in 1988.
(Limerick East): Does the special account mechanism for resources from the lottery enable the Minister to carry money over from 1987 to be expended in 1988 or does the money have to be returned to the Exchequer and general Government receipts at year end?
Comment on this
It is not taken from the account and given to Finance until it is required and then it is given to the spending agency. The money will be in the lottery fund deposit account until it is required and if there is any unexpended money there at the end of 1987, it will be available in 1988.