Results 10,941-10,960 of 34,729 for speaker:Seán Fleming

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: Today we will clear the details of the housing issue. The following week, for definite, we will hear from Revenue. Perhaps the meeting with the Department of Education and Skills and Bord na gCon could be held later. We will come back to the work programme every week to see where meetings can be slotted in. We do not have to sign off on that matter today. The purpose of the discussion is...

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: Pardon.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: I have no problem with holding a meeting on a Tuesday.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: It does not all have to be done before Christmas. There is a gap. This part of the work programme will only take us up to November. There will be three more meetings after that.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: Yes, between now and Christmas.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: I believe it is the one agency. There was a change of name.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: It is the one body.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: Essentially, the Housing Finance Agency is a funding agency. It provides a certain amount of funding for start-up projects. It sources the majority of its funds in the private sector to be provided on a commercial basis for approved housing bodies.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: I am speaking on the basis of what I know. The Housing Finance Agency borrows funding commercially to gain value from the State being able to borrow at a good rate. It lends it on commercially to the approved housing bodies which pay back the loans over a period of time. I think some of the loans run forever. In many cases, the loans given out are interest-only. There are different...

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: As we have requested it, it will come.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: Yes.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: We have already asked for county by county details.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: As we have already asked for it, we expect to receive it. We have covered what is to be dealt with at the meeting on 25 October. On 1 November we have scheduled a meeting with Revenue to discuss a couple of interesting chapters in the report, as well as its annual report. I am asking for a letter to be sent to the Department of Finance and Revenue seeking an explanation for the extra...

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: That is a good follow-through question. We should ask whether other changes in accounting rules might affect corporation tax receipts positively or negatively. It is good for Ireland that the changes have had a positive effect, but the opposite could also have been the case. We will ask whether there are other potential changes. We will also ask what Revenue and the Department of Finance...

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: Yes.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: I totally agree. There should be no unnecessary duplication. Equally, nothing should fall between the cracks.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: We said we would wait until after the meeting yesterday. There has been no interaction since yesterday. We indicated in advance. It was agreed that the two clerks would be in contact after yesterday's meeting.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: I assume the Deputy is referring to the medical audits.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: We will come back to that issue. We will finish this discussion for the moment. We have indicated that on Thursday, 22 November, in the second half of the meeting we will hear from representatives from the Department of Social Protection and consider rent supplement and housing assistance payments. The housing bodies' association will also be represented.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: It is. Their officials will be present on that day too.