Dáil debates
Wednesday, 17 December 2008
Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage
6:00 pm
Brian Lenihan Jnr (Dublin West, Fianna Fail)
I will draw the Deputy's attention to it in a minute. The scheme is, of course, subject to EU approval. It is good that the European Commission will have to test the clawback provision for its robustness.
In response to Deputy Morgan, in this instance we are talking about a regeneration programme specifically drawn up by a local authority. It is not a question of planning around the country, although I appreciate his comments.
There is a problem with the regeneration of dockland areas in the State. There are very onerous obligations imposed under the Seveso directive and it is important that those obligations are complied with. They amount to a substantial disincentive for the regeneration of these areas and the relief is designed to address that issue.
I ask Deputy Bruton to bear with me for a moment.
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