I am advised by Revenue that the exemption from capital gains tax referred to by the Deputy applies to land and buildings acquired in the period commencing on 7 December 2011 and ending on 31 December 2014, which are held for a minimum period of seven years. Accordingly, the earliest date that properties acquired in the relevant period can qualify for the exemption will be 7 December 2018. Estimating the potential cost of reducing the holding period as suggested by the Deputy is challenging as accurate information is not available on lands and buildings bought during the period and the consequent potential capital gains tax liability that would qualify for the relief is also dependent on the timing of future sales.