Vol. 548 No. 2
280 Ms O. Mitchell asked the Minister for the Environment and Local Government if he will provide detailed guidelines on the way in which it is envisaged the tax breaks offered for the provision of park and ride facilities will operate. [4630/02]
Park and ride tax incentives are provided for in the Finance Act, 1999, and the Finance Act, 2001. A person wishing to avail of the capital allowances and reliefs available must make a formal application in writing to the relevant local authority. If the local authority is satisfied that the park and ride facility and associated development, where relevant, conforms to the guidelines issued by my Department and also conforms with the relevant sections of the Finance Act, it may issue a certificate which will enable the developer to avail of the tax incentives.
In August 1999, my Department issued local authorities with guidelines relating to the certification of qualifying park and ride facilities and residential development located at a park and ride facility. Guidelines on commercial development located at a park and ride facility were issued in July 2001. Copies of the guidelines are being made available to the Library.
