Committee Reports::Interim and Final Report - Appropriation Accounts 1972 - 1973::30 October, 1975::Appendix


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APPENDIX 6.

SPECIAL REGIONAL DEVELOPMENT FUND—OUTSTANDING REPAYABLE ADVANCES

21 Márta, 1975.

An Cléireach,

An Coiste um Chuntais Phoiblí.

At the proceedings of the Committee on 20th February I undertook to furnish, in anticipation of the publication of the 1973-74 Appropriation Accounts, information on the changes that took place between 31st March, 1973 and 31st March, 1974 in the outstanding repayable advances from the Special Regional Development Fund.

The information is as follows:—

						£
Repayable advances outstanding at 31st March, 1973					..	416,517.26
					£
Repayments 1973-74		..	..	..	21,291.66
Converted into grant (1)		..	..	..	800.00	22,091.66
						394,425.60
Additional advance made (2)			..	..	315.00
Arrears of interest Capitalised (3)				..	2,355.73	2,670.73
Repayable advances outstanding at 31st
March, 1974	..	..	..	..		397,096.33

Notes:

(1) The business assisted (Leathercrafts, Kilrush, Co. Clare) did not progress as well as envisaged and the advance of £800 was converted into a grant in September, 1973.

(2) This represented the final instalment of an advance committed to Westsea Ltd., Galway.

(3) The arrears of interest were due from G.W.I. Ltd., Co. Sligo—£352.82; Slievebawn Co-operative, Co. Roscommon—£2,002.91.

The following is a breakdown of the repayments made:—

							£
Fort Daly Foods Ltd.			..	..	..	..	1,740.05
Ramor Rustics		..	..	..	..	..	534.73
Talty Bros.	..	..	..	..	..	..	2,206.96
McCarter Co. Ltd.			..	..	..	..	12,000.00
Renania Products Ltd.			..	..	..	..	494.93
Slievebawn Co-operative Handcraft Market Ltd.							61.58
G. W. I. Ltd.		..	..	..	..	..	4,253.41
							21,291.66

C. H. MURRAY,

Accounting Officer,

Department of Finance.