Marc MacSharry (Fianna Fail) | Oireachtas source

I move amendment No. 10:

In page 11, between lines 33 and 34, to insert the following:
“(3) Nothing within the provisions set out in subsections (1) or (2) above shall require the payment of more than one specified rate per insured person in any 12 month period.”.

On this amendment to the Stamp Duties Consolidation Act 1999 to ensure that only one levy is payable per person per year, there was an error in the legislation last year, which allowed for multiple levies to be paid if a person was changing insurer or the type of product and the Revenue Commissioners were obliged to issue guidelines last summer. My understanding was this would be corrected through legislation, which has not happened.