Results 32,961-32,980 of 34,956 for speaker:Seán Fleming

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revised Estimates for Public Services 2020
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (6 Oct 2020)

Seán Fleming: Yes, and also the World Bank and promoting Ireland as a destination for foreign direct investment. Sorry, my mistake, the heading is travel and subsistence, of which a small portion-----

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revised Estimates for Public Services 2020
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (6 Oct 2020)

Seán Fleming: It also has to do with World Bank travel and IMF travel. Ministerial travel is only a small amount. It was so small for two reasons, first because there was no new Government in place from February and there were lots of negotiations to form a Government and because Ministers were not travelling as much because of Covid. That will continue. The provision of €900,000 will be...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revised Estimates for Public Services 2020
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (6 Oct 2020)

Seán Fleming: That is the figure to date. It will come in way less than half of the figure in the Estimate. The ministerial drivers to which I referred are a small portion of that.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revised Estimates for Public Services 2020
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (6 Oct 2020)

Seán Fleming: It is directly under the Department of Public Expenditure and Reform. A Minister of State is specifically responsible for Government procurement. I presume that comes before the committee.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revised Estimates for Public Services 2020
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (6 Oct 2020)

Seán Fleming: Yes.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revised Estimates for Public Services 2020
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (6 Oct 2020)

Seán Fleming: That is a matter for the Department of Public Expenditure and Reform, which is a separate Department.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revised Estimates for Public Services 2020
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (6 Oct 2020)

Seán Fleming: We are in the same building.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revised Estimates for Public Services 2020
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (6 Oct 2020)

Seán Fleming: I will.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Message to Dáil (6 Oct 2020)

Seán Fleming: I will indeed.

Seanad: Investment Limited Partnerships (Amendment) Bill 2020: Committee Stage (Resumed) (7 Oct 2020)

Seán Fleming: I thank the Senator for his comments on the amendment. I will deal with the amendment first before responding to the Senator's points. I understand what is behind the amendment, which proposes the making of a report for laying before the Houses. I reassure the House that it is my intention to lay a post-enactment scrutiny note 12 months after the enactment, in line with Standing Orders. It...

Seanad: Investment Limited Partnerships (Amendment) Bill 2020: Committee Stage (Resumed) (7 Oct 2020)

Seán Fleming: If I do not cover all of the Senator's points, perhaps she will remind me straight away. Reference was made to a possible influence on the drafting of the original legislation. I would say the need for this Bill goes back to 2015. Every year there has been progress on it. Many people were very much aware of this issue over the past five years. It has not come as a surprise, this year or...

Seanad: Investment Limited Partnerships (Amendment) Bill 2020: Committee Stage (Resumed) (7 Oct 2020)

Seán Fleming: The first level of cross-party engagement was at the joint committee when it chose----

Seanad: Investment Limited Partnerships (Amendment) Bill 2020: Committee Stage (Resumed) (7 Oct 2020)

Seán Fleming: The previous committee chose not to do so. The Business Committee, which met at the beginning of September 2020, was made up of representatives of all parties, including Independents. It decided to waive the requirement for pre-legislative scrutiny of this legislation on 3 September. We are not in a position to overturn a decision made on an all-party basis in recent months.

Seanad: Investment Limited Partnerships (Amendment) Bill 2020: Committee Stage (Resumed) (7 Oct 2020)

Seán Fleming: I am personally not aware of that, and the only commitment I can give today is that I will have a response to that before Report Stage. I do not have the information today. I was not aware the Senator was going to raise that issue. If I had been aware of that in advance, perhaps I could have prepared a response. However, I do not have the information to reply to the question with me. The...

Seanad: Investment Limited Partnerships (Amendment) Bill 2020: Committee Stage (Resumed) (7 Oct 2020)

Seán Fleming: I think I made my position clear on the amendment. What I said is that I would have a response before Report Stage. That was not a commitment to confirm, deny or release any documents. I merely stated I would have a response. Everybody in this House knows well that freedom of information requests are generally refused if the matter relating to it is part of a deliberative process which...

Seanad: Investment Limited Partnerships (Amendment) Bill 2020: Committee Stage (Resumed) (7 Oct 2020)

Seán Fleming: I want to stress that this legislation has been sponsored at all stages by the Minister, Deputy Donohoe. In the last Oireachtas, it was he who liaised with the joint committee and even though the Minister asked for time for legislative scrutiny, it decided not to do so. Only a few weeks ago, on 1 September, the Minister, Deputy Donohoe, wrote to the Ceann Comhairle seeking pre-legislative...

Seanad: Investment Limited Partnerships (Amendment) Bill 2020: Committee Stage (Resumed) (7 Oct 2020)

Seán Fleming: I have no information on that at all.

Seanad: Investment Limited Partnerships (Amendment) Bill 2020: Committee Stage (Resumed) (7 Oct 2020)

Seán Fleming: The Minister for Finance, Deputy Donohoe, is the Minister responsible. There was no delegated authority to anybody else. The Minister for Finance is the person answerable for the legislation. All the correspondence regarding the Bill has been in his name.

Seanad: Investment Limited Partnerships (Amendment) Bill 2020: Committee Stage (Resumed) (7 Oct 2020)

Seán Fleming: Section 6 amends section 5(3) of the 1994 Act by changing "fair market value of the property" to "fair and appropriate value of the property" in order to track the language used in the EU directive on alternative investment fund management and its implementation. It also inserts the umbrella fund concept into the legislation, which is essentially one of the principal aspects of this Bill....

Seanad: Investment Limited Partnerships (Amendment) Bill 2020: Committee Stage (Resumed) (7 Oct 2020)

Seán Fleming: I have explained what is in section 6 and what is relevant to that section. I am confining my comments to the contents of the section in response to a request for information from Senator Gavan. I am dealing with the sections and the amendments as we go through the legislation which is the appropriate approach in this House. We are dealing with the amendments and sections in front of us...