Oireachtas Joint and Select Committees
Thursday, 9 November 2017
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance Bill 2017: Committee Stage (Resumed)
10:00 am
Peter Burke (Longford-Westmeath, Fine Gael) | Oireachtas source
I made the point earlier that the second option that the Revenue Commissioners have issued is not workable in the 44 day period for stamping the document. This is because if a person is relying on the banks to finance the purchase of the property and is trying to draw down the finance to execute the sale and finish it off, the Property Services Regulatory Authority, PSRA, will not process the transfer, and the banks require this to be processed, if that person does not have a stamped certificate. The option is of little value.
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