Results 27,541-27,560 of 29,533 for speaker:Brendan Howlin
- Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020: Committee and Remaining Stages (25 Nov 2020)
Brendan Howlin: -----we had a general overview without much time to delve into the specifics of every single section. That is what we are about here. For clarity and to have it on the record, I ask the Minister of State to explain the import of the amendment to the Companies Act that is being proposed in section 12. The section states, "Part 17 of the Companies Act 2014 is to be amended by the insertion...
- Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020: Committee and Remaining Stages (25 Nov 2020)
Brendan Howlin: I have two questions. One, what is the relevance of this section to Brexit? Second, what will be the situation after it is passed?
- Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020: Committee and Remaining Stages (25 Nov 2020)
Brendan Howlin: On insurance, section 46 amends the Act of 1997 by the insertion of "or to a person authorised to transact insurance business by the authority in the United Kingdom charged by law with the duty of supervising such persons" after "5 November 2002". Could the Minister of State at the Department of Finance, Deputy Fleming, explain the import of that section?
- Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020: Committee and Remaining Stages (25 Nov 2020)
Brendan Howlin: The Minister is amending the definition in the Act of "proportion of carried interest derived from the relevant investment" by the substitution of "(including the State), or in the United Kingdom, of" for "(including in the State) of". Will he explain the import of that?
- Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020: Committee and Remaining Stages (25 Nov 2020)
Brendan Howlin: Is that reciprocated by the UK authorities for investments in this State? Why are we doing it?
- Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020: Committee and Remaining Stages (25 Nov 2020)
Brendan Howlin: Am I to understand that capital investment in the United Kingdom would accrue tax benefits here? Is that what the Minister of State is saying?
- Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020: Committee and Remaining Stages (25 Nov 2020)
Brendan Howlin: Would an Irish investor who wants to spend money in the United Kingdom get a tax benefit from that?
- Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020: Committee and Remaining Stages (25 Nov 2020)
Brendan Howlin: Can the Minister of State confirm that this is in conformity with the withdrawal agreement negotiated last year?
- Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020: Committee and Remaining Stages (25 Nov 2020)
Brendan Howlin: I am sorry. I believed I was listed next on this amendment.
- Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020: Committee and Remaining Stages (25 Nov 2020)
Brendan Howlin: I am listed next because the amendment is also in my name, followed by Deputy Nash.
- Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020: Committee and Remaining Stages (25 Nov 2020)
Brendan Howlin: This is an issue that Deputy Nash and I raised on Second Stage in some detail and that has been comprehensively argued by Deputy Naughten. I thank the Minister for listening. It is not related to his Department directly, but he has taken on board the trenchant and clear arguments made by Deputies across the House that this need not, and ought not, be done. I argued on Second Stage that if...
- Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020: Committee and Remaining Stages (25 Nov 2020)
Brendan Howlin: I will begin on a positive note by thanking the Minister of State for accepting amendment No. 11. The very least we can do is review the operation of the three proposals in this section after a year and I welcome that. I also admire the Minister of State's mental dexterity in being able to argue that introducing a new high threshold will be welcomed by retailers. By that logic, if we raise...
- Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020: Committee and Remaining Stages (25 Nov 2020)
Brendan Howlin: I just looked at the schedule. Is there no possibility of-----
- Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020: Committee and Remaining Stages (25 Nov 2020)
Brendan Howlin: The Leas-Cheann Comhairle should not encourage us.
- Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020: Committee and Remaining Stages (25 Nov 2020)
Brendan Howlin: I move amendment No. 11: “Review of operation of section 64 65. No later than 12 months after the coming into operation of section 64, the Minister shall— (a) review the operation of the amendments effected by that section, and (b) lay before each House of the Oireachtas a report of his or her conclusions from the review.”.
- Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020: Committee and Remaining Stages (25 Nov 2020)
Brendan Howlin: The Minister of State told the House he was accepting it. There is no conditionality regarding it. I was formerly told by the Minister for Foreign Affairs that the amendment was to be accepted. The Minister of State cannot, in pique, undo a speech he made half an hour ago.
- Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020: Committee and Remaining Stages (25 Nov 2020)
Brendan Howlin: Can I ask somebody else to talk to him?
- Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020: Committee and Remaining Stages (25 Nov 2020)
Brendan Howlin: Someone who has not got pique.
- Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020: Committee and Remaining Stages (25 Nov 2020)
Brendan Howlin: I want to speak on section 64.
- Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020: Committee and Remaining Stages (25 Nov 2020)
Brendan Howlin: Can I speak on the section?