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Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Ciarán Lynch: And get the relief?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Ciarán Lynch: If one is allowing this relief on a single-storey building without any residential effect, it is not really part of the living city initiative.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Ciarán Lynch: The living city part of this is that it allows someone to refurbish a single-storey building as a commercial entity to provide services in the local community.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Ciarán Lynch: Amendment No. 59 has been ruled out of order.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Ciarán Lynch: Are there deadlines for the public consultation process which the Minister started?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Ciarán Lynch: Is there a timescale for it?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Ciarán Lynch: I ask the Minister of State to come back to the committee on this point and take into account what Deputies Doherty and McGrath have said.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Ciarán Lynch: Amendment No. 57 in the name of Deputy Pearse Doherty has been ruled out of order.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Ciarán Lynch: Amendments Nos. 51, 52, 98 and 99 are related and may be discussed together by agreement.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Ciarán Lynch: Amendments Nos. 53 and 54 in the name of Deputy Michael McGrath have been ruled out of order.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Ciarán Lynch: If amendment No. 48 is agreed, amendment No. 49 cannot be moved. Amendment No. 48 has already been discussed with amendment No. 44.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Ciarán Lynch: Amendment No. 48 is taken with amendment No. 49.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Ciarán Lynch: That is correct.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Ciarán Lynch: Thank you, Deputy. Before the Minister of State responds, let me repeat that we must do better at confining ourselves to discussing the amendments and the sections.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Ciarán Lynch: I understand that Deputy Doherty has withdrawn his amendment No. 43 to insert a new section.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Ciarán Lynch: Amendment No. 44 is in the name of the Minister. Amendments Nos. 44 to 49, inclusive, are related, while amendment No. 49 is a physical alternative to amendment No. 48. Is it agreed that amendments Nos. 44 to 49, inclusive, may be discussed together? Agreed.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Ciarán Lynch: We are talking about a knowledge development box, which is completely different from a patent box.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Ciarán Lynch: The patent box system in the UK and the Netherlands is mainly a warehousing regime.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Ciarán Lynch: The system we are talking about will assist with indigenous development as well.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Ciarán Lynch: I thank the Minister of State.

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