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

I move amendment No. 89:

In page 90, between lines 33 and 34, to insert the following:"(2) This section shall come into operation on such day as the Minister for Finance may by order appoint.".

The purpose of this amendment is to provide that section 72 will be subject to a commencement order. Concerns have been raised about the ability of persons who file returns to obtain and report the additional information that is required in time for the next return filing date. As such, I propose to defer immediate implementation of the change and will bring the new reporting requirements into effect at a later date.