Results 81-100 of 16,537 for speaker:Brian Lenihan Jnr

Seanad: Central Bank and Financial Services Authority of Ireland Bill 2002: Committee Stage. (2 Apr 2003)

Brian Lenihan Jnr: The provisions in the Bill set out certain items that have to be contained in the Consumer Director's annual report. The chief executive will be required to specify if any other matters should be included. The chief executive is the person in the body being established by the legislation who has the power of initiative in this respect. I have no doubt he or she will take into account the kind...

Seanad: Central Bank and Financial Services Authority of Ireland Bill 2002: Committee Stage. (2 Apr 2003)

Brian Lenihan Jnr: I thank the Senator for his kind remarks.

Seanad: Central Bank and Financial Services Authority of Ireland Bill 2002: Report and Final Stages. (9 Apr 2003)

Brian Lenihan Jnr: The amendment suggests that a review of the operation of the Act should take place, the results of which would be presented to the Oireachtas within two years of the Act coming into operation. The Minister for Finance has stated that any review of the legislation should wait until we see how the legislation has operated over a few years. The Bill provides for the re-organisation of the...

Seanad: Central Bank and Financial Services Authority of Ireland Bill 2002: Report and Final Stages. (9 Apr 2003)

Brian Lenihan Jnr: The amendment proposes to change section 5A of the principal Act as inserted by section 5 of the Bill which provides for the general functions and powers of the Central Bank. However, responsibility for consumer protection is a delegated function of the bank to the regulatory authority, and the legislation relating to the authority provides a variety of measures that deal with the quality of...

Seanad: Central Bank and Financial Services Authority of Ireland Bill 2002: Report and Final Stages. (9 Apr 2003)

Brian Lenihan Jnr: The proposed amendment would change the provisions relating to the membership of the regulatory authority to provide that the Minister for Finance may designate the Director of Consumer Affairs as an official member of the authority. I am glad to advise the Senator that the Bill already allows for this possibility. The proposed new section 33E(2) of the principal Act as inserted by section 26...

Seanad: Central Bank and Financial Services Authority of Ireland Bill 2002: Report and Final Stages. (9 Apr 2003)

Brian Lenihan Jnr: The McDowell report recommended that funding for the operation of the new financial services regulatory authority should come from the industry. Levies to fund the authority will be prescribed by the chief executive, with the agreement of the other members of the authority, by way of regulations. This will be done only after a detailed consultation process. Any regulations made by the chief...

Seanad: Central Bank and Financial Services Authority of Ireland Bill 2002: Report and Final Stages. (9 Apr 2003)

Brian Lenihan Jnr: Of course it is intended to be on a break even basis. It is not a cash cow for the Exchequer. There is no suggestion of that written into the legislation. There is an extensive consultation process envisaged in the legislation.

Seanad: Central Bank and Financial Services Authority of Ireland Bill 2002: Report and Final Stages. (9 Apr 2003)

Brian Lenihan Jnr: In regard to the credit union movement, there is a specific cap written into the legislation. As far as the other financial institutions are concerned, the proposal that will be devised in the regulations drawn up by the authority will require ministerial sanction. There is no intention in this legislation to establish a body which will make a profit at the expense of the financial services...

Seanad: Central Bank and Financial Services Authority of Ireland Bill 2002: Report and Final Stages. (9 Apr 2003)

Brian Lenihan Jnr: The Bill provides that the consumer director may issue codes or impose requirements on financial services providers, but only in the name of the authority and with the approval of the other members of the authority. The amendment proposed by Senator Higgins is that the Director of Consumer Affairs be only required to consult with the other members of the authority in respect of issuing codes...

Seanad: Central Bank and Financial Services Authority of Ireland Bill 2002: Report and Final Stages. (9 Apr 2003)

Brian Lenihan Jnr: The provisions in the Bill set out certain items that must be contained in the consumer director's annual report. The chief executive will be required to specify if any other matters should be included. The chief executive will be the person in the body being established by the legislation who will have the power of initiative in this respect. I have no doubt that he or she will take into...

Seanad: Central Bank and Financial Services Authority of Ireland Bill 2002: Report and Final Stages. (9 Apr 2003)

Brian Lenihan Jnr: Senator McDowell raised the matter of the commencement date of the new authority. The date fixed will be 1 May this year.

Seanad: Cancer Treatment Services: Statements. (16 Apr 2003)

Brian Lenihan Jnr: I am pleased to have the opportunity to describe the extensive investment and reform programme which the Government has been promoting under the national cancer strategy, particularly since the launch of the health strategy in November 2001, and to set out the current position on cancer services nationally. The Government is committed to the development of co-ordinated and patient-focused...

Seanad: Cancer Treatment Services: Statements (Resumed). (16 Apr 2003)

Brian Lenihan Jnr: Some people expect that.

Seanad: Cancer Treatment Services: Statements (Resumed). (16 Apr 2003)

Brian Lenihan Jnr: Senator Henry pointed out that it does not prolong a person's glamour for very long.

Seanad: Cancer Treatment Services: Statements (Resumed). (16 Apr 2003)

Brian Lenihan Jnr: I thank Senators for a constructive discussion on the causes, prevention and treatment of cancer. I am grateful for the universal welcome Senators have given to the proposal by the Minister for Health and Children to ban smoking in licensed premises and other such venues. I will report back to the Minister on that positive contribution from Seanad Éireann. Many Senators spoke of their...

Seanad: Cancer Treatment Services: Statements (Resumed). (16 Apr 2003)

Brian Lenihan Jnr: It is also important to note the matter of expenditure. Senator O'Meara raised the hard cases that exist in the health service and the great difficulties we have in this area. If we are to develop cancer services we need to invest money but we also need to be efficient in how we spend it. That is the way forward in the health services. It is not enough simply to propose new expenditures; we...

Seanad: Tobacco and Alcohol Consumption: Motion. (7 May 2003)

Brian Lenihan Jnr: Senator Henry mentioned the directive adopted by the Council of Ministers late last year. I had the honour of representing Ireland at the meeting where the directive was adopted. As the Senator pointed out, it does not apply to indirect advertising, it only contains a ban on direct advertising. In my discussions with Ministers from other member states, I discovered that Ireland was far ahead...

Seanad: Tobacco and Alcohol Consumption: Motion. (7 May 2003)

Brian Lenihan Jnr: In particular, the programme shown by the national broadcaster before Christmas did much to raise awareness of the extent and scale of this problem. A vigilant public press and commentary in the broadcast media can do far more than tonnes of propaganda in this area. In saying this, I do not decry the valuable work done in the health promotion unit. It is important work and it is important...

Seanad: Tobacco and Alcohol Consumption: Motion. (7 May 2003)

Brian Lenihan Jnr: The Cabinet supports the Minister on all issues.

Seanad: National Standards for Foster Care: Statements. (8 May 2003)

Brian Lenihan Jnr: Foster care is the main form of alternative care provided by health boards for children in need of care and protection who cannot remain in their own homes. Over 4,500 children are currently in the care of the health boards, of whom approximately 4,000 are in foster care. These figures show the critical importance of the foster care services in our child protection and welfare service....