Results 5,821-5,840 of 16,492 for speaker:Ciarán Lynch

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Ciarán Lynch: Amendments Nos. 10 to 14, inclusive, and amendments Nos. 53 and 57 are related and will be discussed together.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Ciarán Lynch: Amendments Nos. 15 to 25, inclusive, in the name of the Minister are related and will be discussed together.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Ciarán Lynch: Amendment No. 26 in the name of the Minister. Amendments Nos. 26 to 28, inclusive, are related and will be discussed together.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Ciarán Lynch: Amendments Nos. 29 and 31 are related and will be discussed together.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Ciarán Lynch: As amendments Nos. 30 and 56 are related, they will be discussed together.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Ciarán Lynch: I ask the Deputy not to mention Twitter and keep his contribution to 140 characters.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Ciarán Lynch: Amendments Nos. 32 and 33 are related and will be taken together, by agreement.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Ciarán Lynch: Amendments Nos. 34, 35, 37 and 38 are related and will be taken together, by agreement.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Ciarán Lynch: The purpose of the Bill is to ensure people who provide credit for individuals have a database on the risk they take. We are also providing for a duty of care, albeit at a symbiotic level, and a firewall to ensure people do not over-borrow. Whether it is a car loan or a moneylender, ultimately, the company will make the decision on loaning the money, regardless of the risk. It makes that...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Ciarán Lynch: The review should not only be conducted on individual sums of €2,000. If a finance company, Doherty Lynch, lends money every week and Mr. Brian Hayes is borrowing from us and if the total capacity of Mr. Hayes's borrowings from us over a year in repayments exceeds €2,000, that should be registered. That means the review examines not only the sum but the totality of the loans.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Ciarán Lynch: If the transactions are examined that way, they will be captured.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Ciarán Lynch: Over six or 12 months. With regard to moneylenders, the sum borrowed is not the issue. The issue is the annualised payments because there are so many loans one after the other that somebody could pay back between €2,000 and €3,000 a year, which is a greater sum that the €2,000 provided for in the legislation. One is taking into account the total sum repaid, not the sum...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Ciarán Lynch: Even if a company was required to undergo a full credit examination of the potential borrower, it is the company's prerogative to proceed with the loan. The reason these companies charge exorbitant interest rates is the market they are in. They are supplying money to people who most likely should not be getting loans from them in the first place. If one could afford a loan at a cheaper...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Ciarán Lynch: I will not allow a discussion on moneylending.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Ciarán Lynch: If Deputy Doherty can get us a better deal there than from the troika he should let us know.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Ciarán Lynch: Amendments Nos. 40 to 46, inclusive, and 52 are related and will be discussed together.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Ciarán Lynch: Amendments Nos. 48 to 51, inclusive, are related and will be discussed together.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Ciarán Lynch: Excuse me, Deputies, but Deputy Spring will take the Chair in my absence.

Written Answers — Department of Finance: Tax Credits (24 Oct 2013)

Ciarán Lynch: 61. To ask the Minister for Finance how the single-person child carer tax credit will be applied where, by court order or de facto, a 50-50 split in caring is in place (details supplied); and if he will make a statement on the matter. [45363/13]

Written Answers — Department of Finance: Tax Reliefs Application (5 Nov 2013)

Ciarán Lynch: 227. To ask the Minister for Finance if he will provide the specification of the type of works and materials covered by the home renovation tax relief system; the works and materials that are excluded; and if he will make a statement on the matter. [46955/13]