7. Operating Expenses
Dormant Accounts Fund
| 2015 €'000 |
2014 €'000 |
|
|---|---|---|
| Fees of service provider (Pobal) | 750 | 400 |
Pobal receives an annual service fee for its administration of certain projects in receipt of Dormant Accounts Fund disbursements. The fee is paid by the Department of the Environment, Community and Local Government (DECLG) and reimbursed from the Dormant Accounts Fund.
Expenses of the National Treasury Management Agency
Under section 45 (1)(c) of the Dormant Accounts Act, 2001 (as amended), the Agency is required to report certain specified information including a separate account of the administration fees and expenses incurred by the Agency in the operation of the Fund. These are detailed below:
| 2015 €'000 |
2014 €'000 |
|
|---|---|---|
| General Administration 4 | 150 | 150 |
4 This is an estimate, included in the Notes to the accounts only, as the Agency has not charged these expenses to the Dormant Accounts Fund.