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Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Home Building Finance Ireland Bill 2018: Committee Stage (20 Sep 2018)

Michael D'Arcy: I move amendment No 7:In page 14, after line 36, to insert the following: “Amendment of Freedom of Information Act 2014 20. The Freedom of Information Act 2014 is amended—(a) in section 2(1), by the insertion of the following definition: “ ‘HBFI group entity’ has the same meaning as it has in the Home Building Finance Ireland Act 2018;”, and (b)...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Home Building Finance Ireland Bill 2018: Committee Stage (20 Sep 2018)

Michael D'Arcy: This is a mirror image of the SBCI and NAMA. If someone applied and made all his or her financial details available to HBFI for a loan, that information would not be made available under FOI, so this is the same as NAMA. Commercial sensitivity is involved, which is the reason we are mirroring exactly what the SBCI and NAMA have.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Home Building Finance Ireland Bill 2018: Committee Stage (20 Sep 2018)

Michael D'Arcy: They do, but this is no more or less-----

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Home Building Finance Ireland Bill 2018: Committee Stage (20 Sep 2018)

Michael D'Arcy: Yes, but so does this. The same rules that apply to the SBCI and NAMA will apply to this.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Home Building Finance Ireland Bill 2018: Committee Stage (20 Sep 2018)

Michael D'Arcy: These sections were dealt with.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Home Building Finance Ireland Bill 2018: Committee Stage (20 Sep 2018)

Michael D'Arcy: Yes. We will get to the end of the Bill.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Home Building Finance Ireland Bill 2018: Committee Stage (20 Sep 2018)

Michael D'Arcy: I move amendment No. 8:In page 19, after line 4, to insert the following: “PART 7 LOCAL PROPERTY TAXDefinition (Part 7) 26.In this Part, “Act of 2012” means the Finance (Local Property Tax) Act 2012.”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Home Building Finance Ireland Bill 2018: Committee Stage (20 Sep 2018)

Michael D'Arcy: I move amendment No. 9:In page 19, after line 4, to insert the following:“Amendment of section 24 of Act of 2012 27.Section 24 of the Act of 2012 is amended in subsection (3) by the substitution of “notification, direction, statement, declaration, claim” for “notification”.”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Home Building Finance Ireland Bill 2018: Committee Stage (20 Sep 2018)

Michael D'Arcy: I move amendment No. 10:In page 19, after line 4, to insert the following:“Amendment of section 64 of Act of 2012 28.Section 64 of the Act of 2012 is amended—(a) by the insertion of the following definition:“ ‘Income Tax Regulations’ means the Income Tax (Employments) Regulations 2018 (S.I. No. 345 of 2018);”,(b) in the definition of “net...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Home Building Finance Ireland Bill 2018: Committee Stage (20 Sep 2018)

Michael D'Arcy: I move amendment No. 11:In page 19, after line 4, to insert the following:“Deletion of section 73 of Act of 2012 29.The Act of 2012 is amended by the deletion of section 73.”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Home Building Finance Ireland Bill 2018: Committee Stage (20 Sep 2018)

Michael D'Arcy: I move amendment No. 12:In page 19, after line 4, to insert the following:“Payment of local property tax deducted by employer 30.The Act of 2012 is amended by the substitution of the following section for section 74:“74.(1) Subject to section 72(1), an employer shall be accountable for the amount of local property tax deductible, and shall be liable to remit that amount to the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Home Building Finance Ireland Bill 2018: Committee Stage (20 Sep 2018)

Michael D'Arcy: I move amendment No. 13:In page 19, after line 4, to insert the following:“Amendment of section 75 of Act of 2012 31.Section 75 of the Act of 2012 is amended by the substitution of the following subsection for subsection (1):“(1) Without prejudice to any action which may be taken under section 76, where an employer who was liable to remit an amount of local property tax in...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Home Building Finance Ireland Bill 2018: Committee Stage (20 Sep 2018)

Michael D'Arcy: I move amendment No. 14:In page 19, after line 4, to insert the following:“Notification by employer 32.The Act of 2012 is amended by the insertion of the following section after section 78:“78A.On or before the making of a payment by an employer of any emoluments to a liable person in respect of whom the employer was given a direction under section 65, the employer shall notify...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Home Building Finance Ireland Bill 2018: Committee Stage (20 Sep 2018)

Michael D'Arcy: I move amendment No. 15:In page 19, after line 4, to insert the following:“Declaration by employer 33.The Act of 2012 is amended by the substitution of the following section for section 79:“79.(1) In this section, ‘filing date’, in relation to a month, means the day that is 15 days from the last day of the month. (2) An employer shall, on or before the filing...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Home Building Finance Ireland Bill 2018: Committee Stage (20 Sep 2018)

Michael D'Arcy: I move amendment No. 16:In page 19, after line 4, to insert the following:“Deletion of section 80 of Act of 2012 34.The Act of 2012 is amended by the deletion of section 80.”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Home Building Finance Ireland Bill 2018: Committee Stage (20 Sep 2018)

Michael D'Arcy: I move amendment No. 17:In page 19, after line 4, to insert the following:“Amendment of section 119 of Act of 2012 35.Section 119 of the Act of 2012 is amended by the substitution of the following subsection for subsection (2):“(2) Local property tax which is deductible by an employer under section 72 shall be payable at the time referred to in section 74(2).”.”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Home Building Finance Ireland Bill 2018: Committee Stage (20 Sep 2018)

Michael D'Arcy: I move amendment No. 18:In page 19, after line 4, to insert the following:“Amendment of section 133 of Act of 2012 36.Section 133 of the Act of 2012 is amended in subsection (2) by the substitution of “31 December 2018” for “31 December 2017”.”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Home Building Finance Ireland Bill 2018: Committee Stage (20 Sep 2018)

Michael D'Arcy: I move amendment No. 19:In page 19, after line 4, to insert the following:“Amendment of section 145 of Act of 2012 37.Section 145 of the Act of 2012 is amended—(a) in paragraph (a) of subsection (1), by the substitution of “a notification under section 78A or a statement,” for “any statement, other than the statement required under section 79,”, (b)...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Home Building Finance Ireland Bill 2018: Committee Stage (20 Sep 2018)

Michael D'Arcy: I move amendment No. 20:In page 19, after line 4, to insert the following:“Commencement (Part 7) 38.Sections 27to 35and section 37shall apply from 1 January 2019 in respect of emoluments (within the meaning of Part 10 of the Finance (Local Property Tax) Act 2012) paid on or after 1 January 2019.”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Home Building Finance Ireland Bill 2018: Committee Stage (20 Sep 2018)

Michael D'Arcy: I move amendment No. 21:In page 5, to delete line 7 and substitute the following:“residential development in the State; to amend the Finance (Local Property Tax) Act 2012 and the Freedom of Information Act 2014; and to provide for related matters.”.

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