Seanad debates

Thursday, 25 March 2010

Finance Bill 2010 (Certified Money Bill): Report and Final Stages.

 

1:00 am

Photo of Pat MoylanPat Moylan (Fianna Fail)

The practice is that, with the exception of social welfare Bills, the inclusion of a reference to the compilation of a report is not sufficient to bring into order a recommendation which involves a potential charge on the people. The inclusion of a reference to the compilation of a report is seen as a means of circumventing the provisions of Standing Order 40. The subject matter of this recommendation is the introduction of a financial transaction tax which clearly involves a potential charge on the people.

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