Dáil Éireann Debate, Tuesday - 7 December 2004
159 Mr. Timmins asked the Minister for Finance if a property that is designated for a refurbishment under the town renewal scheme is structurally unsound, and it is necessary to demolish it; if it still qualifies for tax relief; and if he will make a statement on the matter. [32062/04]
Amharc ar fhreagraThe designation of sites and related tax incentives for the purposes of the town renewal scheme was determined following submission of town renewal plans prepared by local authorities in accordance with the Town Renewal Act 2000 and relevant guidelines issued by the Department of the Environment, Heritage and Local Government. These plans contained, or were accompanied by, recommendations for such designations by the relevant county council. That the designation applied by a local authority to a particular building under the town renewal scheme determines the tax relief which can be claimed in respect of expenditure incurred on that building.
