Results 3,181-3,200 of 4,810 for speaker:Liam Twomey
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Fiscal Responsibility Bill 2012: Committee Stage (18 Oct 2012)
Liam Twomey: Amendments Nos. 1 and 2 are out of order.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Fiscal Responsibility Bill 2012: Committee Stage (18 Oct 2012)
Liam Twomey: There is a general note which states the purpose of the Bill is to give legislative effect to key provisions of the stability treaty which has already been ratified by the State related to fiscal policy rules, a budgetary rule, a debt rule and a correction mechanism, if there is a significant deviation from the budgetary rule. This requirement is binding and mandatory on the State as a...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Fiscal Responsibility Bill 2012: Committee Stage (18 Oct 2012)
Liam Twomey: I will read the notes on these two amendments for the Deputy.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Fiscal Responsibility Bill 2012: Committee Stage (18 Oct 2012)
Liam Twomey: I am sorry, but I do not want to hear too much more. I will read the note on section 2. It sets out the mandatory duty of the Government to endeavour to comply with the fiscal rules set out in Articles 3 and 4 of the treaty. Amendments Nos. 1 and 2 proposed to modify this obligation to delete the words "shall endeavour to secure the fiscal rules" and substitute "may decide to secure the...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Fiscal Responsibility Bill 2012: Committee Stage (18 Oct 2012)
Liam Twomey: That is the last contribution because we are drifting a little too much here.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Fiscal Responsibility Bill 2012: Committee Stage (18 Oct 2012)
Liam Twomey: I want to bring in other members as well.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Fiscal Responsibility Bill 2012: Committee Stage (18 Oct 2012)
Liam Twomey: Amendment No. 3 in the name of Deputy Pearse Doherty has been ruled out of order. Section 4 provides for the mandatory compliance with the debt rule requirement under Article 4 of the treaty. Amendment No. 3 proposes to modify this obligation by proposing that the debt rule be complied with "so long as doing so is conducive to the social and economic development of the State".
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Fiscal Responsibility Bill 2012: Committee Stage (18 Oct 2012)
Liam Twomey: Amendments Nos. 5 to 11, inclusive, are related and will be discussed together.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Fiscal Responsibility Bill 2012: Committee Stage (18 Oct 2012)
Liam Twomey: Could the Deputy explain all of the amendments?
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Fiscal Responsibility Bill 2012: Committee Stage (18 Oct 2012)
Liam Twomey: I would like to move on instead of getting into this sort of discussion.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Fiscal Responsibility Bill 2012: Committee Stage (18 Oct 2012)
Liam Twomey: Amendments Nos. 11 to 13, inclusive, are related and will be discussed together.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Fiscal Responsibility Bill 2012: Committee Stage (18 Oct 2012)
Liam Twomey: We should stick to the amendments.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Fiscal Responsibility Bill 2012: Committee Stage (18 Oct 2012)
Liam Twomey: Amendments Nos. 15, 16 and 17 are related and amendments Nos. 16 and 17 are alternatives to amendment No. 15. Amendments Nos. 15 to 17, inclusive, will be discussed together.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Fiscal Responsibility Bill 2012: Committee Stage (18 Oct 2012)
Liam Twomey: Amendments Nos. 18 to 20, inclusive, are related and will be discussed together.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Fiscal Responsibility Bill 2012: Committee Stage (18 Oct 2012)
Liam Twomey: Yes.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Message to Dáil (18 Oct 2012)
Liam Twomey: In accordance with Standing Order 87, the following message will be sent to the Dáil: The Select Sub-Committee on Finance has completed its consideration of the Fiscal Responsibility Bill 2012 and has made no amendments thereto.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Liam Twomey: If we take out the residential, buy to let and loans to SMEs, does IBRC deal with a very small number of people for the vast majority of loans?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Liam Twomey: Within that, some of the companies are connected, which makes it a smaller number.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Liam Twomey: Are these responsible for at least €5 billion?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Liam Twomey: The IBRC has been fairly flexible and proactive in how it has been achieving objectives over the past number of years. Does IBRC have connection with asset management companies such as Certus, which is involved in getting out of the Irish market as quickly as possible on behalf of some of the major UK banks? There is a NAMA unit within IBRC. NAMA is much bigger than IBRC in the overall...