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Energy Policy

Dáil Éireann Debate, Tuesday - 25 July 2023

Tuesday, 25 July 2023

Questions (126)

Darren O'Rourke

Question:

126. Deputy Darren O'Rourke asked the Minister for the Environment, Climate and Communications further to Parliamentary Question Nos. 138, 139, 140, 143 and 144 of 13 July 2023, the duration of the period of verification for the revenue collected on the cap on market revenues and temporary solidarity contribution; if he expects that this will delay the distribution of proceeds; and if he will make a statement on the matter. [36847/23]

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Written answers

The periods for verification of the revenue collected via the cap on market revenues and the temporary solidarity contribution are matters for the Commission for the Regulation of Utilities and the Revenue Commissioners.

The specific measure or measures for which the proceeds from the cap on market revenues will be used, shall be prescribed by the Minister (with the consent of the Minister for Public Expenditure, National Development Plan Delivery and Reform) in accordance with Article 10 of the Council Regulation and be disbursed during 2024. 

The specific measure or measures for which the proceeds from the temporary solidarity contribution will be used, will be agreed by Government in the context of Budget 2024 and the proceeds distributed thereafter.

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