Oireachtas Joint and Select Committees

Wednesday, 8 November 2017

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

Finance Bill 2017: Committee Stage (Resumed)

10:00 am

Photo of Michael D'ArcyMichael D'Arcy (Wexford, Fine Gael) | Oireachtas source

The expression used is that these are widely-held funds. They are institutional investors. It is not a question of a number of potentially high-worth individuals who are closely aligned with one another and that they are excluded. There are approximately 100 funds with a value of between €15 billion and €16 billion worth of property.

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