HomeNewsTaxpayers could contribute €5m to holiday compensation fund

Taxpayers could contribute €5m to holiday compensation fund

Taxpayers could contribute up to €5 million next year to help compensate holidaymakers hit by travel agent failures, it has emerged.

Government cash is supporting the Travellers’ Protection Fund, used by the Commission for Aviation Regulation (CAR) to compensate customers of insolvent holiday firms, when the companies’ insurance does not cover the cost.

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