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Horse Racing Industry

Dáil Éireann Debate, Wednesday - 8 May 2024

Wednesday, 8 May 2024

Questions (399)

Darren O'Rourke

Question:

399. Deputy Darren O'Rourke asked the Minister for Agriculture, Food and the Marine if his Department has received the 2023 Annual Report and 2023 Audited Financial Statement from Horse Racing Ireland; and if not, when his Department expects to receive same. [20164/24]

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Written answers

Horse Racing Ireland (HRI) is a commercial state body established under the Horse and Greyhound Racing Act, 2001, and is responsible for the overall administration, promotion and development of the horse racing industry.

Relevant legislation and the Code of Practice for Governance of State Bodies 2016 require the annual financial statements of HRI to be audited by the Comptroller and Auditor General (C&AG) and submitted to my Department for consideration. The financial statements are subsequently noted by Government and laid before the Houses of the Oireachtas.

I understand that the C&AG audit of HRI's 2023 financial statements is ongoing.

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