Seanad debates

Tuesday, 27 March 2012

Motor Vehicle (Duties and Licences) Bill 2012: Committee and Remaining Stages

 

4:00 am

Photo of Trevor Ó ClochartaighTrevor Ó Clochartaigh (Sinn Fein)

That could be construed as, "On your bike, Senator Norris."

My party has not tabled amendments because we oppose the Bill in its entirety based on the points outlined on Second Stage. On the law of diminishing returns, it was indicated last week by the Minister for Finance, for example, that there had been a 6% decrease in revenue from excise duty and taxes on petrol due to a lower level of car usage, etc. This will be a retrograde step. The objective might be to try to raise €46.5 million, but the Minister might discover that, because of the decreased level of car usage, he will not bring in the sum he hopes to take in. I want it to be noted that Sinn Féin opposes the Bill in its entirety on Committee Stage.

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