6 Mr. Rabbitte asked the Minister for Finance the procedures which are in place in his Department or the Office of the Revenue Commissioners to ensure that money borrowed under favourable section 84 tax terms is used for the purpose for which it was approved; if his attention has been drawn to claims made that money borrowed by a company (details supplied) for development of the beef industry in Ireland was actually used to finance the purchase of shares in British companies; if these allegations have been investigated; and if he will make a statement on the matter.

Summary

6 Mr. Rabbitte asked the Minister for Finance the procedures which are in place in his Department or the Office of the Revenue Commissioners to ensure that money borrowed under favourable section 84 tax terms is used for the purpose for which it was approved; if his attention has been drawn to claims made that money borrowed by a company (details supplied) for development of the beef industry in Ireland was actually used to finance the purchase of shares in British companies; if these allegations have been investigated; and if he will make a statement on the matter.

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• Ceisteanna — Questions. Oral Answers. - Section 84 Loans.

  xml · EN · 1 November 1990

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