I propose to take Questions Nos. 114 and 115 together.
I am informed by Revenue that the qualifying provisions for the Disabled Drivers' and Passengers' Scheme are contained in Statutory Instrument No. 353 of 1994 (Disabled Drivers and Disabled Passengers (Tax Concessions) Regulations 1994). Regulations 8 (disabled drivers), 10 (disabled passengers) and 12 (organisations) provide that a vehicle must be “purchased” by the person or organisation.
I am informed by Revenue that there have been 15 refusals issued in relation to PCP Finance Agreements but these are currently being reviewed to establish if they qualify for the Scheme, based on the principle of whether exercising the option to purchase the acquired vehicle at the end of the contract period would clearly be the economically rational choice.
I am currently considering the position in relation to clarifying the eligibility of PCP finance agreements under the Scheme in the Regulations.