Results 3,081-3,100 of 49,836 for speaker:Stephen Donnelly

Water Services Bill 2014: Committee Stage (Resumed) (11 Dec 2014)

Stephen Donnelly: To be clear, there are 1.66 million unique households.

Water Services Bill 2014: Committee Stage (Resumed) (11 Dec 2014)

Stephen Donnelly: No, households, families living in households.

Water Services Bill 2014: Committee Stage (Resumed) (11 Dec 2014)

Stephen Donnelly: The total amount of money raised is €271 million and this minus €100 per household, be they renting or owner occupiers, is €166 million. This leaves a net amount of €105 million. The estimate I was given is that the cost of collecting the €271 million, between metering and billing, is €120 million, so before we factor in the costs of administering...

Water Services Bill 2014: Committee Stage (Resumed) (11 Dec 2014)

Stephen Donnelly: I ask the Minister to repeat that.

Water Services Bill 2014: Committee Stage (Resumed) (11 Dec 2014)

Stephen Donnelly: What is that?

Water Services Bill 2014: Committee Stage (Resumed) (11 Dec 2014)

Stephen Donnelly: I thank the Minister for his answer. The answer he gave was that while he does not have the cost of billing, metering and customer service, he is confident that whatever that cost is, it is less than the revenue raised. However, I think the figure he is talking about when he talks about the revenue raised is the €271 million. I would agree that based on the estimates I have seen,...

Water Services Bill 2014: Committee Stage (Resumed) (11 Dec 2014)

Stephen Donnelly: I thank the Minister for the figures. Here is where I think we are. The Minister's figure is that €271 million would be raised in revenue. I appreciate that the figure he has been given for the number of eligible households for the grant is 1.3 million. It would appear from what he said, that every household gets it, the figure he has been given is wrong. According to the CSO, it...

Water Services Bill 2014: Committee Stage (Resumed) (11 Dec 2014)

Stephen Donnelly: That is probably a reasonable cost for the meters. The final figure the Minister gave - I appreciate him getting it - is that the additional cost of billing would be €22 million per year. The figure I have is that it would be a lot higher but I accept that is the figure the Minister has been given. Here is where we are, based on the figures we have tonight. Some €271...

Water Services Bill 2014: Committee Stage (Resumed) (11 Dec 2014)

Stephen Donnelly: We have an independent expert which can study the figures, the CER. It already has an opinion paper on this. Let us come back next week with figures everyone can agree on, please.

Water Services Bill 2014: Committee Stage (Resumed) (11 Dec 2014)

Stephen Donnelly: This is not on the section.

Written Answers — Department of Finance: IBRC Liquidation (11 Dec 2014)

Stephen Donnelly: 66. To ask the Minister for Finance the number of companies which had Irish Bank Resolution Corporation loans that were sold by KPMG to third parties, have since been put into liquidation where the liquidator was KPMG; his views on the potential conflict of interest in such cases; and if he will make a statement on the matter. [47540/14]

Water Services Bill 2014: Committee Stage (Resumed) (12 Dec 2014)

Stephen Donnelly: You are not-----

Water Services Bill 2014: Committee Stage (Resumed) (12 Dec 2014)

Stephen Donnelly: We are in the middle of a Committee Stage debate. You do not have the right to stop us debating this.

Water Services Bill 2014: Committee Stage (Resumed) (12 Dec 2014)

Stephen Donnelly: We are in the middle of a Committee Stage debate-----

Water Services Bill 2014: Committee Stage (Resumed) (12 Dec 2014)

Stephen Donnelly: This is outrageous behaviour.

Water Services Bill 2014: Committee Stage (Resumed) (16 Dec 2014)

Stephen Donnelly: The amendment relates to section 8 and seeks to delete subsection (4)(a)(i). This part of the Bill states that for a citizen to avail of the dispute resolution mechanism, he or she must be a customer of Irish Water. This, therefore, is a very sensible amendment. Deputy John Lyons asked the Chamber for an example of a person who might not be a customer but who should be able to avail of the...

Water Services Bill 2014: Committee Stage (Resumed) (16 Dec 2014)

Stephen Donnelly: Are we not discussing the amendment?

Water Services Bill 2014: Committee Stage (Resumed) (16 Dec 2014)

Stephen Donnelly: Do we not have to put the amendment?

Water Services Bill 2014: Committee Stage (Resumed) (16 Dec 2014)

Stephen Donnelly: The figure of €460 million in the amendment is very big. The method is complex in that it deals with asset shifting, liabilities shifting in the other direction and liabilities being paid down with the €460 million. It seems to be in contravention of what was promised in terms of assets and liabilities shifting to Irish Water, but maybe I am wrong. I have three questions on...

Water Services Bill 2014: Committee Stage (Resumed) (16 Dec 2014)

Stephen Donnelly: Based on the amendment, what will happen to the assets and liabilities, and what will happen to the Exchequer as a result?