Oireachtas Joint and Select Committees
Thursday, 7 March 2013
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance Bill 2013: Committee Stage (Resumed)
1:05 pm
Brian Hayes (Dublin South West, Fine Gael) | Oireachtas source
It is a fair question to pose. There must be an honest answer to that, but it is important that in any review we do not send out a signal that in some way diminishes the funds that have been brought here. As members are aware, markets need certainty more than anything else, and once we highlight that we might take a different position on an issue, it could lead to a flight of funds in this particular area because it is sensitive to developments in other states. This area will take off, literally and metaphorically, over the course of the next number of years. A review is all well and good but it is important that we would get some hard data, and we will attempt to do that, although not in the context of sending out mixed signals to the industry. That is the point I am making.
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