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Select Committee on Finance and General Affairs debate -
Wednesday, 10 May 1995

SECTION 103.

I move amendment No. 95:

In page 125, subsection (5) (c), line 10, after "Regulation 24" to insert "(1)".

Amendment agreed to.
Question proposed: "That section 103, as amended, stand part of the Bill."

Is this to do with motor fuel substitute? What is this section about? Can there be the same rate of duty on these fuels?

It is in effect to do with what are now referred to as bio-fuels.

Are many people using bio-fuels?

The potential for its use is substantial. They are environmentally attractive and their potential from the point of view of new crops in the agri-business sector is substantial.

I can understand the Minister for Finance trying to protect the source of his revenue by extending the duty across the board, but does this not conflict with promoting the protection of the environment?

It is in the interests of fair competition and is an obligatory requirement under the EU.

Question put and agreed to.
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