How much money is the National Consumer Agency costing us?

Via a Dail question from Anthony Lawlor, TD for Kildare North (from the always excellent KildareStreet.com):

Anthony Lawlor (Kildare North, Fine Gael) – Question 73:

To ask the Minister for Jobs, Enterprise and Innovation the amount of funding received by the National Consumer Agency in the years 2009, 2010 and to date in 2011. [29327/11]

Richard Bruton (Minister, Department of Jobs, Enterprise and Innovation; Dublin North Central, Fine Gael):

The National Consumer Agency received €6.105 million and €5.578 million by way of public funds in the years 2009 and 2010 respectively.

Up to the end of September 2011 the Agency has received a total of €3.774 million in public funds. The Agency’s total allocation for 2011 is €6.366 million.

From 1st January 2011 the Agency assumed responsibility for the consumer education and information functions of the Financial Regulator.

The Agency has received additional public funds to cover the cost of the exercise of certain elements of this function, albeit that these funds and the further costs of exercising this function will be fully recouped by the imposition of a levy on prescribed regulated financial service entities later this year.

So, assuming we get an average of 10 crappy price comparison surveys per year, and a few meaningless prosecutions for failing to display prices, and a few slaps on the wrists for garages that clock cars, that’s on average €500,000 per activity from this shower per year.

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