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

There is no additional obligation in the grace period if there is a death and the farm transfers to the spouse.

The Deputy is familiar with the exemption from stamp duty for young farmers, which has been in place for quite a while. The time period is six years and we wanted to align this with the six-year period. We did not want too many numbers bouncing around. Can the Minister provide information on the amendment proposing that, where the instrument is executed on or after 1 January 2015 and before 1 January 2016? Does that give a window of opportunity to people above a certain age? What is its purpose?