Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

There can be a serious financial penalty. Maybe that has not happened because some of these regulations or new rules only came in last year. Ultimately, Revenue makes the final call on this and it has to be satisfied that all these conditions are met before it, on behalf of the taxpayer, hands out the money. The DAC is required to remain in legal existence for at least 12 months post the completion of the production. A number of cases have recently been taken to the WRC against production companies but they have failed due to the claims being undertaken outside the period allowable for such cases. It is important that the cases move quickly. There is only a legal obligation for the company to remain in existence for 12 months.

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