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)
10:40 am
Michael Noonan (Limerick City, Fine Gael) | Oireachtas source
I think there might be a misunderstanding. The scheme envisages that it will cover purchases by fuel card and bulk purchases from an oil supplier. That is provided for already. The amendment to subsection (8)(b) and (d) of the new section, which concern the additional matters relating to the relief that may be covered by regulation made by the Revenue Commissioners, includes the setting of requirements for the means by which payment is to be made for the auto diesel concerned, including payment by means of an approved fuel card.
The proposed amendments would add a reference to auto diesel supplied by an approved oil supplier but this reference is not required because supplies of this nature are already subject to detailed regulation and further regulations can be made for them under this provision, as it stands. The relief will not be confined to fuel card purchasers and direct supplies of approved oil supplies are also included.
I agree with the Deputy's intention but it is already covered by the section. The regulations can be amended to cover any difficulty that arises.
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