Michael Noonan (Limerick City, Fine Gael)

It is difficult to say what it is costing the Exchequer annually but certainly there is widespread abuse. The Deputy will recall that I took measures in the Finance Bill to ensure there will now be full traceability of diesel and petrol from the point of import through to the point of sale. Previously a licensing system was in place if one was providing diesel to pumps. However, if one had a business in which one was providing central heating diesel or green diesel to the farming community, no licensing was required. The was a gap in the traceability and that gap has been filled in by the Finance Bill. The Revenue requested this and suggested that it was an important measure to crack down on the laundering of diesel.

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