Interest on late share payment

Summary

The Minister said interest was not payable on the payment for the acquisition of Bula shares.

Desmond J. O'Malley Mr. O'Malley Fianna Fáil

asked the Minister for Industry and Commerce if any interest is or could be payable in respect of late payment for the acquisition of shares in Bula Limited; and, if so, the rate thereof.

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Justin Keating Mr. Keating Labour Party

I have been advised that interest is not payable on the payment to be made in respect of the acquisition of the shares.

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