Oireachtas Joint and Select Committees

Wednesday, 19 November 2014

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Finance Bill 2014: Committee Stage (Resumed)

12:30 pm

Photo of Simon HarrisSimon Harris (Wicklow, Fine Gael)
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I move amendment No. 47:


In page 45, between lines 24 and 25, to insert the following:“ ‘relevant completion’ means the completion of the construction of a new dwelling, on or after 14 October 2014 and on or before 31 December 2017, to a standard where it is suitable for immediate occupation as a dwelling and the dwelling⁠—
(a) has been built directly or indirectly⁠—
(i) on his or her own behalf by a first-time purchaser only, for occupation as his or her place of residence, or
(ii) on their own behalf by more than one person, where each such person is a first-time purchaser only, for occupation as their place of residence,
and
(b) is constructed on property conveyed or transferred, on or before 31 December 2017, into the name or names of the first-time purchaser or first-time purchasers only, as the case may be;
‘relevant completion date’, in relation to a relevant completion, means the date on which the dwelling becomes suitable for immediate occupation as a dwelling;”.