Seanad debates

Wednesday, 24 March 2004

Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages.

 

4:00 pm

Derek McDowell (Labour)

It is a pity that the change was made, because we should seek to encourage a significant measure of additional research and development. It may not be worthwhile to get involved in the administrative hassle of dealing with relatively small amounts of research and development, which give quite little additional benefit. I welcome the scheme, generally speaking, and I wish it well. I share the concerns expressed by my colleague in the other House, Deputy Burton, about the building aspect of the scheme. Some effort should be made to——

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