Arthur Morgan (Louth, Sinn Fein)
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Question 493: To ask the Minister for the Environment, Heritage and Local Government his plans to extend the urban and village renewal scheme beyond 2006; if he is reviewing the current scheme; and if he will make a statement on the matter. [12152/05]

Dick Roche (Wicklow, Fianna Fail)
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Three tax incentive based regeneration initiatives, the urban and town renewal schemes and the living-over-the-shop scheme, are being examined by the Department of Finance and the Office of the Revenue Commissioners as part of a review of a wide range of tax incentive schemes and tax exemptions. Pending the outcome of this review and developments at EU level concerning regional aid guidelines for the post-2006 period, there are no proposals to extend these regeneration schemes.