Oireachtas Joint and Select Committees
Tuesday, 26 November 2013
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance (No. 2) Bill 2013: Committee Stage
3:10 pm
Michael Noonan (Limerick City, Fine Gael) | Oireachtas source
Yes, but their deposit will be covered through the tax break pretty quickly. The loan, however, will be repaid in instalments thereafter. That will be the normal way in which this will play out for young couples. It may be different for people who are established and have more significant financial resources.
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