Seanad debates
Thursday, 21 March 2013
Finance Bill 2013 [Certified Money Bill]: Committee and Remaining Stages
2:40 pm
Brian Hayes (Dublin South West, Fine Gael) | Oireachtas source
This is a means of encouraging the transfer of productive land to a younger generation. It is not a question of hating the younger generation; on the contrary, it is a question of cherishing the younger generation by moving assets along. Land can often be difficult to move along and there is no reason to believe doing this will infuse a new opportunity that currently exists in the agrifood area. This is a targeted measure and we do not accept the suggestion that it is a subsidy of some sort. This has led to transfers and that must be in the interests of the industry of the whole.
No comments