Seanad debates

Thursday, 25 March 2010

Finance Bill 2010 (Certified Money Bill): Committee Stage.

 

1:00 am

Photo of Ivor CallelyIvor Callely (Fianna Fail)

We are dealing with the chapter that deals with capital allowances and section 43 deals with corporation tax, which I have just referred to, as regards the matter of a limited company.

I was concluding on what I understand to be the financial aspect. I want to tell the Minister of State that if we read the Department of Health and Children policy with regard to the provision of long-stay accommodation, it is clear that it is simply a matter of supply and demand. The answer to the supply and demand issue for those in the Chamber who do not know, is that we do not have the supply to meet the demand and this is an incentive to try and get there. Rather than putting the Minister of State on the spot, perhaps this could revisited. I have put this matter clearly, in written submissions to Department of Finance officials and it is being treated from a financial viewpoint. However, I am asking that it should be viewed from a Government policy aspect. All I am simply asking is for an extension of the existing scheme.

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