Pearse Doherty (Donegal South West, Sinn Fein)
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No, I have a further comment. I want the Minister of State to address the specific point and give the reason why, in the case of the upper floor above commercial premises, we are not making it a requirement that the upper storey must be refurbished as a living area? Will the Minister think about that or come back to it on Report Stage? I tabled an amendment, which was ruled out of order, to deal with this key area.

I have issues with this scheme but I can speak to the Minister about them. What I propose would not stop a pre-1915 house being developed for commercial purposes, or for residential purposes and availing of this relief scheme. However, in cities with Georgian houses or two storey houses, there should be a requirement to refurbish the upper part.

I wish to clarify the cap of €200,000. Are all the investments over the ten year period aggregated for the purpose of tax relief on the investment?.