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Dáil Éireann díospóireacht -
Wednesday, 3 May 1950

Vol. 120 No. 11

Financial Resolutions. - Resolution No. 2—Customs.

I move:—

(1) That Section 15 of the Finance Act, 1949 (No. 13 of 1949), shall cease to have effect as on and from the 31st day of July, 1950, except in relation to —

(a) unmanufactured tobacco in a bonded warehouse on that date, and

(b) unmanufactured tobacco as respects which it is shown to the satisfaction of the Revenue Commissioners that such tobacco was purchased before that date for the purpose of being imported into the State.

(2) It is hereby declared that it is expedient in the public interest that this Resolution shall have statutory effect under the provisions of the Provisional Collection of Taxes Act, 1927 (No. 7 of 1927).

This has reference only to the withdrawal of Commonwealth preference.

Would the Minister inform the House whether it is really a matter of its financial advantages, the getting of extra money?

It is on account of the treaty with America. It will have finance repercussions as well. That is an accidental advantage.

Is the Minister certain it is accidental?

Well, it is there like the Deputy.

Resolution agreed to.
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