Ann Ormonde (Fianna Fail)

I have already spoken on the issue of section 23 provisions on Second Stage. I am not speaking for the big developers, big businessmen, auctioneers or valuers. They are well able to speak for themselves. I am speaking for ordinary people who have spoken to me about this. These are people who invested in a house under section 23 in order to provide for their pensions or education. These people are now worried they will be caught with debts when the tax relief scheme is changed. The Minister said he will look at this issue and do an analysis with regard to how it will work. There is no doubt the initial introduction of the scheme was not properly planned and that it has been abused. However, I urge the Minister to ensure that those who entered contracts in good faith will be given five, six or seven years' grace in order to readjust themselves to any changes that will be introduced. While I welcome the Minister's proposal to conduct a cost benefit analysis, I am still concerned. I am not saying we should plan for big developers. I am speaking on behalf of the ordinary man and woman and want the media to know this.