Mairead Farrell (Galway West, Sinn Fein)
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The Central Bank refers to these as orphan structures. There are types of investment firms that inappropriately use charitable trust ownership structures. I know this is a specific issue, and if the Minister wants to come back on it, that is no problem. On the use of a charitable trust ownership structure, and I understand this is relevant to the previous Act rather than the one we are talking about now, has any analysis been done on the possibility that investment firms have used the LPT exemption for residential properties owned by a charity? If investment firms have been using this charitable trust ownership structure, have they been exempt from the tax? Has any analysis been done to ensure that structure has not been used and, if not, can we take a look at it?