Michael Colreavy (Sligo-North Leitrim, Sinn Fein)

I have mixed views on this resolution. I understand the value and logic behind reducing stamp duty to make it easier for young people to get involved in farming and take over farming businesses. However, I have a deep terror of making it easy for the developers and financiers who have failed the country to do the same all over again. I believe it is by design that this measure is tied to agricultural land, to make it a selling point. I have concerns and would like clarification. What impact will this measure have on commercial properties held by NAMA? Was consideration given to extending this facility to domestic dwellings, as well as to commercial properties? Was consideration given to putting in place an end date for this resolution in order that if we find it is being abused by those who abused us previously, at least we would have a legal mechanism in place to shut it down?

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