Finance Bill 2021: Report Stage (Resumed) and Final Stage
Dail Éireann — 2021-12-02
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Paschal Donohoe (FG), Dublin Central

I move amendment No. 21:
In page 97, between lines 2 and 3, to insert the following:
“Amendment of Schedule 2 to Finance Act 1999 (mineral oil tax)
42 .The Finance Act 1999 is amended with effect as on and from 1 April 2022 by the substitution of the following Schedule for Schedule 2:
“SCHEDULE 2
RATES OF MINERAL OIL TAX
".".
This amendment provides for a reduction, on a temporary basis, of mineral oil tax to partially offset the expected increase in fuel costs as a result of the proposed increase in the biofuel obligation for transport fuels by the Minister for Transport. The reduction of 1 cent will be matched by a reduction in the National Oil Reserve Agency, NORA, levy and together will offset the estimated impact of the biofuel increase on the retail price of auto fuels. The reduction will take place from 1 April and will run until budget day.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2021-12-02/debate/main
Retrieved: 2026-08-14T04:49:54+00:00
Sitting date: 2021-12-02