Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I move amendment No. 26:

In page 21, to delete lines 37 to 40 and substitute the following: “(b) the upper limit shall be apportioned in respect of each of the individuals concerned in accordance with the formula—

K x L/M

where—

K is the upper limit,

L is the relievable interest in respect of the individual, and M is the relievable interest as determined by the formula in subsection

(4) in respect of all of the individuals concerned in respect of the same qualifying property.”.

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