Dormant Accounts Fund Disbursement Scheme 2017-2019
2016 DAF Annual Action Plan
2017 DAF Annual Action Plan
2018 DAF Annual Action Plan
The Dormant Accounts (Amendment) Act 2012 also requires the preparation of Annual Reports, by 30th June each year, on the operations of disbursements from the Fund over the previous year. Most recently the 2017 Dormant Accounts Fund Annual Report was prepared by the Department of Rural and Community Development and published in June 2018. It details expenditure of €15.8 million on Dormant Accounts measures over the course of 2017. This expenditure occurred across a range of Departments, supporting programmes which benefitted children and young people; prisoners; the unemployed; carers; victims of crime and human trafficking; people suffering from dementia and a number of marginalised communities.
Review of the Dormant Accounts Fund Disbursement Schemes 2013-2016 and 2017-2019.
A further requirement of the Dormant Accounts (Amendment) Act 2012 is the preparation of a review of the Disbursement Scheme. The legislation requires that this review be carried out within 3 years of the first Disbursement Scheme being put in place.
The Department of Rural and Community Development has completed a Review of the Dormant Accounts Fund Disbursement Schemes 2013-2016 and 2017-2019. This is the first such review, and it was completed in the context of the 2016 Report of the Comptroller and Auditor General, and the Department’s statutory obligations relating to the fund.
The review covers the operation of the 2013-2016 Disbursement Scheme and the operation to date of the 2017-2019 Disbursement Scheme. It analyses the measures funded over the period, the administration of the scheme, information management and, amongst other issues, the reasons for the low levels of disbursement from the fund over the period in question.
The review sets out 15 recommendations to be implemented to improve administration of the fund, and to ensure more efficient and effective operation of disbursement schemes.