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Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (Resumed) (6 Nov 2013)

Dara Calleary: I support Deputy Wallace, as there is no doubt that large companies have the resources and capacity to hide much information, no matter how much is made available. The Deputy has cited cases in the construction sphere and I am not sure about the cost argument, given the capacity for electronic filing of information. Do we have figures on the actual cost or burden of work? There is a...

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (Resumed) (6 Nov 2013)

Dara Calleary: In fairness, we are not talking about every unlimited company but rather the range of unlimited companies that have limited companies as members. They are seen as unlimited companies but underneath, there are limited companies.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (Resumed) (6 Nov 2013)

Dara Calleary: A company might be re-registered as a plc if the company delivers certain documents to the registrar including copies of the balance sheet of the company. All the information that is required is based specifically on the balance sheet. Would it not be more beneficial to base it on all the financial statements so that things could not be hidden and that the registrar could make a full...

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (Resumed) (6 Nov 2013)

Dara Calleary: The Companies (Amendment) Act would tend to go with financial statements but things are different from how they were in 1983 in general.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (Resumed) (6 Nov 2013)

Dara Calleary: It will probably be dealt with in the baby Bill.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (Resumed) (6 Nov 2013)

Dara Calleary: Is the intention that section 1296 would not apply or does the point relate to a subsection?

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (Resumed) (6 Nov 2013)

Dara Calleary: Why?

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (Resumed) (6 Nov 2013)

Dara Calleary: Surely specific protections that are in place under section 1351 are in place under the other provisions.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (Resumed) (6 Nov 2013)

Dara Calleary: Could we not just rephrase the section to reference the protections available in other legislation rather than just deleting the protections entirely?

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (Resumed) (6 Nov 2013)

Dara Calleary: I have a general query on market abuse. Does existing or new law apply, bearing in mind how this area has evolved in recent years in particular?

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (Resumed) (6 Nov 2013)

Dara Calleary: Does the Central Bank have any new powers over investment companies? Has there been any reflection on the powers of the Central Bank vis-à-vis investment companies?

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (Resumed) (6 Nov 2013)

Dara Calleary: Tá mé go mór i gcoinne an section seo. Caithfimid bheith dáiríre faoin teanga. Some people use Irish as their primary language. This issue used to arise with legislation at the justice committee. The Department knows that when it is drafting a Bill, there is a legislative requirement that it be published in tandem in Irish. One assumes one has drafted the...

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (Resumed) (6 Nov 2013)

Dara Calleary: I agree with the Minister of State. I am sure it will be done in time. It is a policy to lob this amendment into all Bills at the last minute. This Bill should have been written as Gaeilge as it was going along so that translation is not a major administrative burden. I am willing to accept the Minister of State's good faith, but every time such an amendment comes in I will object to it.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (Resumed) (6 Nov 2013)

Dara Calleary: Before we put down the gavel I want to be certain we have the ability to table amendments on Report Stage around the term "accountant". The Minister will lead us but I want to be certain there will be no procedural issue. We flagged it yesterday and I want to flag it again. We need further consultation with the Minister on this and my party will bring forward amendments on Report Stage.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (Resumed) (6 Nov 2013)

Dara Calleary: Good.

Leaders' Questions (7 Nov 2013)

Dara Calleary: What about the Jack and Jill Foundation?

Order of Business (12 Nov 2013)

Dara Calleary: Does the Government plan to introduce an amendment to the Social Welfare and Pensions Bill to give legislative underpinning to the European youth guarantee? The point Deputy Mattie McGrath raised about the EirGrid Bill is important and should be considered not in terms of the individual but of the conflict of two roles.

Access to Credit: Motion [Private Members] (12 Nov 2013)

Dara Calleary: I move:That Dáil Éireann: notes that: — accessing credit remains very difficult for businesses and personal customers throughout the country; — the continuing decline in the number of banks operating in the Irish economy, particularly in retail banking, will increase costs and reduce choice for businesses and consumers; — there is a significant rise in the...

Access to Credit: Motion [Private Members] (12 Nov 2013)

Dara Calleary: They need to invest in the small to medium-sized enterprise, SME, community, the same community the Government promised it would deal with upward-only rent reviews. That promise is gone. Will the investment bank and enterprise bank promises go the same way? If so, the Government should say so now instead of tabling a flim-flam amendment that expresses nothing of the reality being...

Written Answers — Department of Health: Mobility Allowance Review (12 Nov 2013)

Dara Calleary: 436. To ask the Minister for Health if the review of the mobility allowance scheme and the motorised transport grant scheme has been completed; and if he will make a statement on the matter. [47869/13]

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