Results 25,641-25,660 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: NAMA Property Leases (31 Jan 2017)

Michael Noonan: NAMA does not own property.  Rather, it has acquired loans for which the properties act as security.  Control of the properties rests with debtors and receivers and not with NAMA.  In that regard, I am advised that information is not available on the total number of instances in which NAMA debtors and receivers have sought vacant possession in advance of residential...

Written Answers — Department of Finance: NAMA Property Sales (31 Jan 2017)

Michael Noonan: As the Deputy has used a pejorative and undefinable term for purchasers, and due to the fact that providing the identity of specific purchasers would be commercially sensitive, my reply is based on all sales irrespective of purchaser. In addition, NAMA is prohibited by law from disclosing confidential debtor information, including information on assets owned by debtors, without debtors'...

Written Answers — Department of Finance: VAT Rate Reductions (31 Jan 2017)

Michael Noonan: I am advised by Revenue that a Post-Budget 2017 Ready Reckoner is available on the Revenue Statistics webpage at . This Ready Reckoner provides the information for calculating the estimated cost or yield to the Exchequer arising from changes to each of the different VAT rates.  Estimates are presented for 2017, forecasts for 2018 will be available later in the year.

Written Answers — Department of Finance: Home Renovation Incentive Scheme Data (31 Jan 2017)

Michael Noonan: I am advised by Revenue that the 'Home Renovation Incentive (HRI) Statistics 2013 - 2016' statistical report is available on the Revenue Statistics webpage at . In particular, Table 6 from this report provides a breakdown of the number of individual properties that have been registered with the HRI scheme listed by Local Authority area, as well as the total number of works...

Written Answers — Department of Finance: Insurance Costs (31 Jan 2017)

Michael Noonan: As Minister for Finance, I am responsible for the development of the legal framework governing financial regulation.  Neither I nor the Central Bank of Ireland can interfere in the provision or pricing of insurance products, as these matters are of a commercial nature, and are determined by insurance companies based on an assessment of the risks they are willing to...

Written Answers — Department of Finance: Insurance Costs (31 Jan 2017)

Michael Noonan: As Minister for Finance, I am responsible for the development of the legal framework governing financial regulation.  Neither I nor the Central Bank of Ireland can interfere in the provision or pricing of insurance products, as these matters are of a commercial nature, and are determined by insurance companies based on an assessment of the risks they are willing to accept.  This...

Written Answers — Department of Finance: Tax Data (31 Jan 2017)

Michael Noonan: I propose to take Questions Nos. 140 to 142, inclusive, together. I am informed by Revenue that at end 2015, 321 bookmakers licences had issued, with 80 of these issued to persons running betting shops. The total number of premises associated with these licences is 828. As the information provided to Revenue does not require a betting licence holder to provide the turnover generated from...

Written Answers — Department of Finance: Departmental Staff Data (31 Jan 2017)

Michael Noonan: I wish to inform the Deputy that the number of staff currently serving in my Department in the Clerical Officer, Staff Officer or equivalent grades is as follows: Grade No. of Staff (Headcount) Clerical Officer 55 Civilian Driver (Clerical Officer equivalent)  2 Staff Officer 7 With regard to staff in bodies under the aegis of my Department in the Clerical Officer, Staff...

Establishment of a Commission of Inquiry into the National Asset Management Agency: Statements (1 Feb 2017)

Michael Noonan: I welcome the opportunity to speak again on this matter. In September last year the Comptroller and Auditor General published a value for money report on the Project Eagle sales process. As we know, while some findings were accepted, there were clear differences of opinion on a number of findings in the report. Since its publication, the Committee of Public Accounts which is chaired by...

Establishment of a Commission of Inquiry into the National Asset Management Agency: Statements (1 Feb 2017)

Michael Noonan: I am not resiling in any way from the commitments made last October. What I am saying is that, until the Committee of Public Accounts publishes its report and there is further information on the table, it is difficult to see how a commission of investigation could be established immediately and proceed satisfactorily. A commission of investigation has to be justified on the basis of public...

Establishment of a Commission of Inquiry into the National Asset Management Agency: Statements (1 Feb 2017)

Michael Noonan: I have not said that.

Establishment of a Commission of Inquiry into the National Asset Management Agency: Statements (1 Feb 2017)

Michael Noonan: I am simply saying we need to be cautious. There is €10 million allocated already and we need to be cautious and ensure we have it right before we go down that road. There is a commitment in principle, however, to go down that road.

Ceisteanna - Questions: Cabinet Committee Meetings (1 Feb 2017)

Michael Noonan: It was in her press release.

Written Answers — Department of Finance: European Fund for Strategic Investments (1 Feb 2017)

Michael Noonan: I propose to take Questions Nos. 163 and 167 together. I take it that the Deputy is referring to the EU Commission - European Investment Bank -Member State Special Task Force to develop an Investment project pipeline for the EU in the Autumn of 2014. The purpose of that exercise was to compile a list of potential investment projects across Member States, in order to quantify...

Written Answers — Department of Finance: Pension Levy (1 Feb 2017)

Michael Noonan: The Pension Scheme Levy was introduced in 2011. For the years 2011, 2012 and 2013 the rate was 0.60% of the scheme assets. For the year 2014 the rate was 0.75% of the assets and for the year 2015, the final year of the levy, the rate was 0.15%. Under the legislation, the payment of the levy is treated as a necessary expense of a pension scheme and the trustees or insurer, as appropriate, are...

Written Answers — Department of Finance: Ireland Strategic Investment Fund Investments (1 Feb 2017)

Michael Noonan: As the Deputy will be aware, policy initiatives in the area of housing must seek to address the challenges faced by the various sectors of the market, including the private owner-occupier market, the rental market and the social housing sector. In line with its statutory mandate, the Ireland Strategic Investment Fund (ISIF) is examining opportunities to make, on a commercial basis,...

Written Answers — Department of Finance: Renewable Energy Generation (1 Feb 2017)

Michael Noonan: Matters related to renewable energy targets are a matter for my colleague the Minister for Communications, Climate Action and the Environment.

Written Answers — Department of Finance: Betting Regulations (1 Feb 2017)

Michael Noonan: The rate of 0.25 % the Deputy is referring to is a levy that on-course bookmaker's pay to Horse Racing Ireland (HRI) and is not a tax. This rate is set by the HRI and not a matter for the State. Revenue informs me that it does not require a betting licence holder to provide the turnover generated from each of their shops, therefore it is not possible to determine...

Written Answers — Department of Finance: Commissions of Investigation (1 Feb 2017)

Michael Noonan: There has been one Commission of Investigation for which my Department has been responsible. The Commission of Investigation into the Banking Sector was established on 21 September 2010 by the Commission of Investigation (Banking Sector) Order 2010 (S.I. 454 of 2010) pursuant to s. 3(1) of the Commissions of Investigation Act 2004. Mr Peter Nyberg was appointed as the sole Member of...

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (2 Feb 2017)

Michael Noonan: Regulation 6(4) of the Disabled Drivers and Disabled Passengers (Tax Concessions) Regulations, 1994 (S.I. 353 of 1994) provides that an individual who is dissatisfied with the decision of the Senior Medical Officer in relation to primary medical certification may appeal to the Disabled Drivers Medical Board of Appeal (DDMBA). The DDMBA is a body under the aegis of my...