Oireachtas Joint and Select Committees

Tuesday, 15 November 2016

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2016: Committee Stage (Resumed)

2:00 pm

Photo of Eoghan MurphyEoghan Murphy (Dublin Bay South, Fine Gael)
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My understanding is there will be no grandfathering. If the profit has not been booked and the distribution has not been made, it will be captured in so far as the amendment is concerned.