Ciarán Lynch (Cork South Central, Labour)

Perhaps I may be of assistance to the House. The Minister proposes that the current tenancy purchase programme, at 3% for a maximum of ten years, will now be extended to 15 years, giving a 45% reduction in the purchase price of the local authority house. Two years ago during discussion on the Housing (Miscellaneous Provisions) Bill we proposed this to the Minister but he did not accept it at the time. If a person purchases a property from a local authority through a tenant purchase programme, will stamp duty apply?

See this speech in context