Dáil debates

Tuesday, 12 March 2013

Other Questions

Pyrite Panel Report Recommendations

4:10 pm

Photo of Phil HoganPhil Hogan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

I remind Deputies that this fund is a last resort. People must go through all the other processes initially if they have insurance. This fund will kick in only where people have no redress as consumers. I am anxious to move and I assure Deputies that I will move as quickly as I possibly can. I was hoping we could do this through the Finance Bill but our legal advice was that it would not be possible, as a matter of safe law, to meet the requirements that would need to underpin this legislation in the Finance Bill. We are moving quickly. I expect the heads of the Bill to be before the Government in the next two weeks with a view to bringing the full proposals forward in the next Dáil session. I expect that all sides of the House will want to agree this Bill rather quickly. In the meantime we are getting on with setting the criteria that Deputy Wallace mentioned - that is, what constitutes a test and what shows that an entire estate is clean of pyrite. Deputy Broughan raised all of these issues too. I will not get into the property tax debate again. Either one has pyrite or one does not. The test will indicate-----

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