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Dáil Éireann debate -
Tuesday, 11 Mar 1980

Vol. 318 No. 9

Written Answers. - Monetary Compensatory Amounts.

336.

asked the Minister for Agriculture if he favours the abolition of MCA's and their replacement by an automatic system of adjusting green £ rates to daily movements in the value of currencies.

I am, of course, in favour of the abolition of MCAs. As regards automatic adjustment of green rates, while MCAs continue daily adjustment as suggested by the Deputy would be administratively impracticable.

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