Oireachtas Joint and Select Committees

Tuesday, 1 July 2014

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

National Treasury Management Agency (Amendment) Bill 2014: Committee Stage

9:20 pm

Photo of Fergus O'DowdFergus O'Dowd (Louth, Fine Gael) | Oireachtas source

I move amendment No. 42:


In page 44, to delete lines 8 and 9.
The National Pensions Reserve Fund is exempt from taxation. The Ireland Strategic Investment Fund, ISIF, is to be similarly exempt. Amendment No. 49 inserts a new Part to amend the Taxes Consolidation Act and the Stamp Duties Consolidation Act accordingly. These provisions were not ready for inclusion in the Bill as published. Amendment No. 42 deletes subsection (4) of section 46 because it duplicates the provision in the proposed new Part 4 of Schedule 1.

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