The draft minutes of the meeting of 7 July have been circulated. Are they agreed? Agreed. As there are no matters arising from the minutes, we will proceed to correspondence under which heading there are a number of matters to be considered. On 23 June the committee's attention was drawn to SI 381 of 2004 which was laid before the Houses on 22 June. I understand the instrument streamlines the system for charging fees in respect of requests for the revision of rateable valuations. The committee decided on 23 June to seek a briefing note on the regulation before deciding whether to scrutinise it. The note has been received and circulated and a 21 day review period applies. Having reviewed the briefing note, I suggest we do not need to consider the statutory instrument. It appears to relate only to internal administration within the Valuation Office and how it accounts for the collection of fees. There is no new fee involved and no change in the regime. It is almost like a tidying up exercise. Is it agreed not to study the statutory instrument? Agreed.
On 12 May the committee discussed EU proposal COM (2003) 797 with officials from the Department of Finance and the Revenue Commissioners. The proposal concerns administrative co-operation in the field of excise duty. The committee agreed a report at that meeting expressing its satisfaction with the approach being taken in making no specific recommendations. The officials were asked to provide a note on carousel fraud for the committee's information. This note has been received and circulated. I propose that we note the briefing note received. Is that agreed? Agreed.
On 17 June the committee's attention was drawn to EU proposal SEC (2004) 593 but the Sub-committee on European Scrutiny did not recommend that we scrutinise it. The proposal involves a preliminary draft budget to budget for the surplus resulting from the implementation of the 2003 budget. As it appears that Ireland's demands on the 2003 budget were lower than might have been the case, the committee decided to seek a breakdown of how it had been intended to spend the surplus attributable to Ireland. The Department clarified the position in a note which has been circulated. It was signed on 7 July by Dermot Nolan of the EU budget section. I have not had an opportunity to consider it in detail but it does not appear to contain the information we requested. Members asked under what headings Ireland had under-spent but the briefing note seems to list only the total amounts of under-spend for each of the relevant EU countries. I propose that we consider this further as the level of detail I had anticipated is not evident in the reply.