Seán Sherlock (Cork East, Labour) | Oireachtas source

The purpose of the amendment is to include in preferential payments a number of new taxes. It also accommodates the increasing reliance on self-assessment and tax law by changing "assessed taxes" to "assessable taxes". While this amendment makes small changes to the substance of the law it does not represent a change in policy. It simply updates the Bill where it no longer represents current practice in tax law.