Pat Rabbitte (Dublin South West, Labour)

I am assured that the contribution is no more than is necessary to encourage new entrants into the marketplace, which is what we are seeking to do. If there are these big holes in it - the scheme was devised by Deputy Ó Cuív and his colleagues - I do not know when it dawned on him that there are such holes in it. I am happy to go into committee and examine it. I appreciate the Deputy holds strong on it, about which we have spoken briefly privately. I am anxious to submit it to that type of scrutiny but the professional advice I have is that, contrary to Deputy Ó Cuív's conviction in the matter, the scheme is well balanced. It simply would not function unless there was some element of REFIT.

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