McDowell, Michael

Thursday, 15 October 1987

Dáil Eireann Debate
Vol. 374 No. 2

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Local Loans Fund (Amendment) Bill, 1987: Second Stage.

Like Deputy Noonan I, too, welcome this Bill. It simplifies public accounting procedures and does away with what is in effect a myth — that is, that central Government lend money to local government ...More Button

I hope it will be taken in conjunction with the remaining Stages. There does not appear to be any dispute on the principle of the Bill and I do not think there will be any amendments tabled.More Button

Yes.More Button

Local Loans Fund (Amendment) Bill, 1987: Committee Stage.

Suppose a situation arises in which a sanitary services loan carries a 40 per cent interest subsidy, is it then the intention of the Minister to write off 40 per cent of the capital sum and to waive 4...More Button

One hundred per cent principal and whatever percentage is subsidised of the interest?More Button

I have no objection.More Button


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