Dáil Éireann Debate, Thursday - 6 December 2007
82 Deputy Paul Kehoe asked the Tánaiste and Minister for Finance his plans to change the criteria to the business expansion scheme in the Finance Bill or at another time; and if he will make a statement on the matter. [33015/07]
View answerI announced in my Budget 2008 statement that the requirement that recycling companies must have received grant assistance before availing of the Business Expansion Scheme (BES) is to be replaced by a requirement that their business proposals must be certified by an industrial development agency or County Enterprise Board before they avail of the scheme. This change to the requirements will be included in Finance Bill 2008. As the BES is an approved State aid, it will be necessary to advise the European Commission of this proposed change.
