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Dáil Éireann díospóireacht -
Thursday, 5 Jun 1930

Vol. 35 No. 5

Finance Bill, 1930—Money Resolution.

I move:—

Chun críche aon Achta rithfear sa tSiosón so chun diúitéthe áirithe de chustuim agus ioncum dúithehe, maraon le mál, d'éileamh agus do ghearra, chun an dlí a bhaineann le custuim agus ioncum dúithche, maraon le mál, do leasú, chun tuille forálacha i dtaobh airgid do dhéanamh go bhfuil sé oriúnach a údarú:—

(1) Go dtabharfaí amach as an bPrímh-Chiste no as a thora fáis aon tsuim a húdarófar leis an Acht san d'íoc chun Cuntais an Aire Airgid a hordófar fé fhórálacha an Achta san maidir le diúitéthe báis do ghlana tré urrúis d'aistriú.

(2) Go gcuirfí de mhuircar ar an bPrímh-Chiste no ar a thora fáis

(a) oiread de sna suimeanna do bhéarfar amach, fé sna forálacha san den Acht so, as an bPrímh-Chiste no as a thora fáis agus ná húdarófar leis an Acht san d'íoc tré iasacht d'fháil, agus

(b) colann agus ús aon urrús do bhéarfar amach chun iasacht d'fháil fé sna forálacha san.

That, for the purpose of any Act of the present Session to charge and impose certain duties of Customs and Inland Revenue, including Excise; to amend the law relating to Customs and Inland Revenue including Excise and to make further provisions in connection with Finance, it is expedient to authorise:—

(1) The issue out of the Central Fund or the growing produce thereof of any sums authorised by such Act to be paid to the Account of the Minister for Finance to be prescribed under the provisions of the said Act in relation to the discharge of death duties by the transfer of securities.

(2) The charge upon the Central Fund or the growing produce thereof of

(a) so much of the sums issued under the said provisions of the said Act from the Central Fund or the growing produce thereof as is not authorised by such Act to be met by borrowing, and

(b) the principal and interest of any securities issued for the purpose of borrowing under the said provisions.

This Money Resolution is required in connection with the section which enables the Minister for Finance to pay certain sums to the Revenue Commissioners out of the Third National Loan in regard to death duties. I have already told the House that the amount which was expected to be met out of the Exchequer was not likely to exceed £5,000 or £6,000 in the year. It is to some extent a guess as to what the sum will be, but that is the estimate arrived at. It is based on the loan being saleable only at issue price. When the loan-becomes saleable at a higher rate the amount to be found will be less.

Question put and agreed to.
The Dáil went out of Committee.
Resolution put and agreed to.
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