Dáil debates
Thursday, 7 March 2013
Water Services Bill 2013 [Seanad]: Report and Final Stages
12:35 pm
Catherine Murphy (Kildare North, Independent) | Oireachtas source
Is it known how the details will be presented to the House by the Minister for Finance? The limit on borrowings very much depends on the income stream. I must ask again about the €300 million subsidy. Suppose one puts a €500 million cap on the level of borrowings that can be made and then withdraws the subsidy in year two and there is inadequate income, what will happen to support the borrowings? One could run into a difficulty with the imposition of more charges. Can the Minister of State address the approach the State will take to the €300 million subsidy?
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