Oireachtas Joint and Select Committees

Tuesday, 15 November 2016

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2016: Committee Stage (Resumed)

2:00 pm

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I wish to make a comment on the same issue. I know they are conservative figures but could the Minister of State give us some basis as to how the figures were calculated? Could I ask that we do not lump together the two different categories, the section 110s and the IREFs as they will be called or the QIFs and ICAVs? Could the Minister of State identify how much money he estimates will come from section 110s, and then how much money will come under section 22, which deals with the funds industry?

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