Clare Daly
Ceist:50. Deputy Clare Daly asked the Minister for Agriculture, Food and the Marine his plans to review and revise the thoroughbred foal levy regulations; and if he will make a statement on the matter. [27963/17]
Amharc ar fhreagraThursday, 22 June 2017
Ceisteanna (50)
Freagraí scríofa
Horse Racing Ireland (HRI) is a commercial state body established under the Horse and Greyhound Racing Act, 2001, and is responsible for the overall administration, promotion and development of the horse racing industry.
The current Foal Levy scheme, which was introduced in 2000 on a statutory basis, applies to all thoroughbred foals registered in Ireland. The Foal Levy is currently calculated with reference to SI 735 of 2011, which is the governing legislation.
HRI's Foal Levy Committee reviews the rates, bands and structures of the levy on an annual basis and has also considered potential alternative methodologies to calculate the levy due. They have concluded that the current banded/tiered approach represents the most equitable and appropriate way of securing the vital funds needed for the breeding sector. I understand that the majority of foals registered fall into the two lower bands of €35 and €50, and that there is a very high compliance rate of circa 98.3%