Seanad debates
Thursday, 16 June 2011
Finance (No. 2) Bill 2011 (Certified Money Bill): Committee and Remaining Stages
4:00 am
John Gilroy (Labour)
I can take the contrary view and can explain to the Senator how these figures are wrong. If the entire 0.6% charge applied over a €2.3 million pension fund became payable on the portion of money that was being drawn down at the time it was being drawn down, then the Senator's figures are correct. However, this, of course, is not the way it will work. The levy is being applied-----
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