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Dáil Éireann debate -
Wednesday, 5 Dec 1956

Vol. 160 No. 13

Committee on Finance. - Finance (Miscellaneous Provisions) Bill, 1956—Money Resolution.

I move:—

That for the purpose of any Act of the present session to provide, in relation to profits from coal-mining and profits from exports, for temporary relief from taxation, to provide for the grant of industrial building allowances, to authorise the creation and issue by the Minister for Finance of prize bonds and to make further provisions in connection with finance it is expedient to authorise:—

(a) the charge on the Central Fund or the growing produce thereof of the principal of prize bonds, the prizes in respect of them and the expenses incurred in connection with their issue;

(b) the defrayment out of moneys provided by the Oireachtas of any expenses incurred in connection with the management of prize bonds.

Will the Minister attempt to give any estimate of the effect of this?

I think it would be very difficult at this stage. It all depends on how much exports go up.

I shall attempt it later.

Question put and agreed to.
Resolution reported and agreed to.