Oireachtas Joint and Select Committees

Wednesday, 19 November 2014

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

Finance Bill 2014: Committee Stage (Resumed)

4:05 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

The Revenue Commissioners inform me that they are examining the supply chain data and if they match up with one of the stations about which they are suspicious, then they act because they have good grounds for acting at that stage. They also inform me that the 120 filling stations that were closed down since 2011 were closed down on foot of examining supply chain data and this has been very effective.

In addition, the Deputy may recall that a reckless trading provision was introduced last year. That has made the big suppliers very conscious of their legal risk if the way they supply diesel is regarded to be reckless trading. They are very cautious about who they now supply. The Revenue Commissioners are of the view that they are winning the battle at this stage and they hope that the new marker will be another weapon to help them advance the cause further. At present, they are not seeking any additional powers from us, but if they come looking for additional powers, of course, we will give them additional powers.

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