Sandra Overend of the UUP said the problem was more complicated than the motion suggested.
Mrs Overend wanted to know why the DUP had not yet sought to address the matter in the executive.
Ulster Unionist Sandra Overend said how the next 10 years were marked would be "absolutely vital to the tourism industry".
Ulster Unionist Sandra Overend addressed the "potentially significant cost to the block grant" if the duty was to be devolved.
The UUP allowed a free vote on the amendment with Mike Nesbitt, Michael Copeland, Danny Kinahan and Sandra Overend voting against.
In reply to a question from Ulster Unionist Sandra Overend, Mr Larkin said the cable had been designed to last 30 years.
BBC: Moyle electricity interconnector repairs could cost ?60m
Robert Overend, himself a pig farmer, says the high pound has made exporting difficult and resulted in a flood of low priced imports onto the United Kingdom market.
Ulster Unionist Sandra Overend said local credit unions played an important role for many in Northern Ireland and "it is important they are given the proper legislative framework".
"It's a sensible decision from Murray because he played against medical advice in Liverpool at Davis Cup and that, while honourable, has basically forced him out of two individual tournaments, " says 5 live tennis correspondent Jonathan Overend.
Mr Nesbitt is conscious that, if he wants his party to attract more women voters, the UUP needs to be seen as female friendly and clearly he has an eye on promoting Ms Overend and Ms Dobson in future reshuffles.
Asked why no women were part of his reshuffle, Mr Nesbitt said both Jo-Anne Dobson and the other female UUP MLA Sandra Overend were happy in their current roles and asked to remain as party spokespersons on agriculture and the economy respectively.
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