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Seanad: Credit Guarantee (Amendment) Bill 2022: Second Stage (29 Nov 2022)

Paul Gavan: ...guarantee loan scheme in our alternative budget to help energy intensive sectors, especially SMEs, micro-businesses and family businesses that are facing the brunt of these increased costs. Last April, Deputy Pearse Doherty brought amendments to financial motions to reduce the cost of home heating oil, petrol and diesel in response to the cost-of-living crisis. We have also been...

Seanad: Personal Injuries Resolution Board Bill 2022: Second Stage (22 Nov 2022)

Paul Gavan: ...is a positive step in the reform of the claims landscape, and it follows the adoption of the personal injuries guidelines in 2021. Anyone who talks about insurance will know that my colleague, Deputy Pearse Doherty, has done tremendous work in this area over the past decade. Therefore Sinn Féin supports this Bill, and any movement to reduce the cost of claims, speed up the process...

Seanad: Finance (Covid-19 and Miscellaneous Provisions) Bill 2022: Second Stage (10 May 2022)

Paul Gavan: ...of family carers. As I indicated, Sinn Féin continues to support this legislation but we will put forward amendments on the next Stage, because my colleague, our finance spokesperson, Deputy Pearse Doherty, proposed amendments in the Dáil that I do not believe got enough consideration. It was a missed opportunity. I hope the Minister will reconsider them in the light of the...

Seanad: Future of Banking in Ireland: Statements (10 May 2021)

Paul Gavan: ...debate the state of banking in this State and it is certainly overdue. I welcome that the Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach has taken up a number of Deputy Pearse Doherty’s suggestions, including this issue of the level of capital that our banks have to hold, and is asking the Central Bank to carry out a further assessment on the...

Seanad: An tOrd Gnó - Order of Business (19 Feb 2021)

Paul Gavan: ...a more encouraging response from the Tánaiste, Deputy Varadkar, yesterday in terms of the need to build a third banking force in the country. A point made very eloquently this morning by Deputy Pearse Doherty is that the State has a real say in this because it is the majority owner of AIB and PTSB. As such, the Minister for Finance is in a unique position, as a result of the powers...

Seanad: Finance Bill 2020: Committee Stage (11 Dec 2020)

Paul Gavan: ...in response to Covid-19 and further measures to facilitate cross-border workers in the future.”. I know the Minister of State is familiar with this particular amendment from my colleague, Deputy Pearse Doherty, in the Lower House and that he has had good conversations on it. He will be aware that there is a relief in our tax code known as the transborder workers' relief, which...

Seanad: Investment Limited Partnerships (Amendment) Bill 2020: Second Stage (23 Sep 2020)

Paul Gavan: ...structures such as ICAV. Additionally, we welcome the fact that new provisions have been added to this legislation which were not included in its previous incarnation in June 2019. My colleague, Deputy Pearse Doherty, spoke with the then Minister of State, Senator D'Arcy, around issues of beneficial ownership, and I welcome the fact that section 27 will ensure these funds are covered by...

Seanad: Election of Cathaoirleach (29 Jun 2020)

Paul Gavan: .... The decision to choose Senator Ó Donnghaile would send a powerful signal that this Chamber has heard the clarion call for change that rang so clearly in the February general election. As my colleague, Deputy Pearse Doherty, pointed out on Saturday, it is important to remind ourselves that we have a choice. Every Senator here has a choice with this vote, and the record will show...

Seanad: An Bille um Bearta Éigeandála ar mhaithe le Leas an Phobail (Covid-19) 2020: An Dara Céim - Emergency Measures in the Public Interest (Covid-19) Bill 2020: Second Stage (27 Mar 2020)

Paul Gavan: ...families. Richard Grogan expressed particular concern in terms of fraudulent trading. I would like to see those concerns addressed when the Tánaiste responds. The wage subsidy proposals do not go far enough, as noted by Deputy Pearse Doherty yesterday. There is a danger that they could be open to abuse by unscrupulous employers. Sinn Féin proposes a model that will guarantee...

Seanad: Financial Services and Pensions Ombudsman Bill 2017: Committee and Remaining Stages (20 Jul 2017)

Paul Gavan: I welcome the passage of this legislation. Along with my colleague, Deputy Pearse Doherty, whose Bill was passed last week, I hope that this will mark a change in the culture of financial institutions dealing with their customers. I also want to thank FLAC for drawing up the report that led to the drafting of Deputy Doherty's Bill. It has been immensely supportive and helpful. I urge...

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