Dáil Éireann debate -
Thursday, 2 May 1996

Vol. 464 No. 8

Written Answers. - Tax Incentive Provisions.

Seamus Brennan

Question:

21 Mr. S. Brennan asked the Minister for Finance the plans, if any, he has to amend section 35 (1) (f) of the Finance Act, 1995, in order to allow Dún Laoghaire/Rathdown County Council to be included in the definition of relevant local authorities; his views on whether the third largest urban area in the country with a population of 100,000 and a major port gateway should remain excluded from the tax incentive provisions of the section; and if he will make a statement on the matter. [8960/96]

Minister for Finance (Mr. Quinn)

I am pleased to tell the Deputy that yesterday on Report Stage of the 1996 Finance Bill, I amended section 41B, inserted by section 35 of the Finance Act, 1995, of the Finance Act, 1994. This section deals with the availability of capital allowances in relation to construction or refurbishment of certain multi-storey car parks and defines what is meant by "relevant local authority".

My amendment included the administrative counties of Dún Laoghaire-Rathdown as well as the administrative counties of Fingal and South Dublin in the definition of "relevant local authority". This amendment will be deemed to have applied and have effect as on and from 1 July 1995.