Dáil debates

Thursday, 8 March 2007

3:00 pm

Photo of Mary CoughlanMary Coughlan (Donegal South West, Fianna Fail)

I reassure the Deputy that ring fencing will remain. Those who sell expect a relatively good price and those who purchase do not want to spend an independent fortune on quota to expand. This is where the balance and permutations lie. If people wish to sell or buy quota at too little or high a price, they will be out of the system. Now they have the information available to them and regardless of what they do, they can be within the percentile of between 11 cent and 24 cent and 20% up and above and be within the system.

People should not sell for an exorbitant amount of money and realise that those who wish to purchase will not do so for exorbitant amounts of money on the basis of the policy framework in place. On this occasion, I am happy with what the outcomes will be.

Comments

No comments

Log in or join to post a public comment.