Joan Burton (Dublin West, Labour) | Oireachtas source

I apologise for my absence. I was attending another meeting. It might be helpful if the Minister of State could give us a detailed note on this issue. To be honest, this information is extremely complex. I heard him say that this is an amalgam of different types of funds. The fact is that we do not have the analysis we need. I would say we need a very detailed note on this matter. Some of the explanations are making it more rather than less complicated. When the Minister for Finance introduced the budget, he said he would bring forward amendments on Committee Stage relating to the five-year capital gains tax exemptions for the IREFs. We have not heard an explanation of why that should be renewed. For how long will it be renewed? What is the context for its renewal? What kinds of investments are we talking about? I need to have some of that information. When the Minister, Deputy Donohoe, said on budget day that he was going to introduce this measure, he flagged that we would be given explanations and details. I think we need them now.