Oireachtas Joint and Select Committees

Wednesday, 12 December 2012

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Taxation Agreements: Motion

2:30 pm

Photo of Dara MurphyDara Murphy (Cork North Central, Fine Gael) | Oireachtas source

----- two sentences later. There is a degree of inconsistency in that regard but the same person is being consistent.

The Minister of State mentioned that €100 million to €400 million equity finance and restructuring money will go to the small and medium enterprise sector. He also mentioned the €450 million towards domestic water meters. Is that also to be by way of equity or investment or will it be a loan? If it is not determined, given the track record of Bord Gáis companies and their profitability, where possible it should be some form of equity or investment to continue the good practice of getting a return from any pension fund.

Given the changes we had recently in the potential for people to take money back-----

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