Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I have two questions. Two rates apply for partnerships and individuals. How did the Minister arrive at the rate of 16%? Did he just decide to reduce it by 50%? Is that the metric that was used or is there something else that satisfied him as regards the 16% rate?

Regarding the commencement order, will the Minister indicate when he expects the procedures to be in place? Will it be the first quarter of next year or the middle of next year? Will the Minister give us a sense of when it will happen? Any investment prior to the commencement order will not fall under this provision. How might that impact during the period in question? Is there a danger of a lag in qualifying investments if the order is not proceeded with quickly?