Results 6,121-6,140 of 6,295 for speaker:Michael D'Arcy

Consumer Insurance Contracts Bill 2017: Report and Final Stages (13 Nov 2019)

Michael D'Arcy: I move amendment No. 22: 22. In page 16, to delete lines 13 to 40, and in page 17, to delete lines 1 to 12 and substitute the following: "19. In addition to applying to a "consumer" as defined in those Regulations, the European Communities (Unfair Terms in Consumer Contracts) Regulations 1995 (S.I. No. 27 of 1995) shall apply to a consumer within the meaning of this Act.".

Consumer Insurance Contracts Bill 2017: Report and Final Stages (13 Nov 2019)

Michael D'Arcy: In response, certainly we will look at it. We have legal advice on this from the Office of the Attorney General. They are quite satisfied with what we have in respect of section 7, that there must be an economic interest. Section 7(2) states: Where the consumer is required, because the contract of insurance is also a contract of indemnity, to have an interest in the subject-matter of the...

Saincheisteanna Tráthúla - Topical Issue Debate: Company Registration (19 Nov 2019)

Michael D'Arcy: I thank the Deputy for raising this important issue. The fourth Anti-Money Laundering Directive, which entered into force in May 2015, introduced the requirement for the establishment of a central register of beneficial ownership for corporates and other legal entities. The Register of Beneficial Ownership, RBO, to which corporates and friendly and provident societies now have to centrally...

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (20 Nov 2019)

Michael D'Arcy: I am not sure if the Deputy heard yesterday that the Chief Justice-----

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (20 Nov 2019)

Michael D'Arcy: -----announced the seven judges-designate who will take forward the recalibration of the guidelines. The biggest issue we have in Ireland is people have small damages and they look for massive awards. That era has to end and it is ending now.

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (20 Nov 2019)

Michael D'Arcy: Pardon me?

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (20 Nov 2019)

Michael D'Arcy: Does the Deputy want the answer or does he want-----

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (20 Nov 2019)

Michael D'Arcy: Just listen. The Deputy does not have to be so ignorant all of the time. The seven justices, two from the Circuit Court, two from the High Court, one from the Court of Appeal, one from the Supreme Court and one from the District Court, will recalibrate the guidelines for awards downwards in line with other jurisdictions and in line with Court of Appeal awards.

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Michael D'Arcy: Ireland already has a variety of taxes on wealth, including capital gains and capital acquisitions taxes that levied on individuals or companies on the disposal of assets, in the case of capital gains tax, or the acquisition of an asset through gift or inheritance, in the case of capital acquisitions tax. The local property tax introduced in 2013 is based on the market value of residential...

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Michael D'Arcy: It is important to note that the vast majority of greenhouse gas emissions from the agricultural sector, that is, methane, are not subject to carbon taxation. The main agricultural exposure to carbon taxes comes from fuel imports, primarily through the use of marked gas oil, MGO, or, as we know it, green diesel. It is subject to the lower excise rate of 10.2 cent per litre. The increase in...

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Michael D'Arcy: I did not say that.

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Michael D'Arcy: I want to correct Deputy Danny Healy-Rae. I did not say that the people of rural Ireland should be paid. I ask him not to say that I said something I did not say. I am very clear on that.

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Michael D'Arcy: I very clearly did not say that. The Deputy said I said it and he was wrong to say that about me.

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Michael D'Arcy: The Deputy did not.

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Michael D'Arcy: We will not leave the people of rural Ireland alone. We will invest in rural Ireland-----

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Michael D'Arcy: -----and we will continue to invest in rural Ireland. Deputy Danny Healy-Rae does not want to hear that. He does not want to hear about the town and village renewal scheme, the rural regeneration scheme or the national broadband scheme. My county of Wexford-----

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Michael D'Arcy: My county of Wexford will receive some €88 million to bring broadband connectivity, by fibre, to 22,000 homes. Deputy Healy-Rae does not want to hear that because it does not fit into his narrative that rural Ireland is dead, desolate and finished. It is not finished, it is vibrant in many places and areas. Turning back to the item we are actually discussing, the introduction of...

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Michael D'Arcy: It is €50 in the year and that is the full amount. It is important for people to not overstate this. The impact of the carbon tax will be about €50 a year for the average small farmer in respect of marked gas oil. We brought this in at a low rate and it is not coming into force until next May and that is about as reasonable as it is possible to get.

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Michael D'Arcy: Whatever he says, Deputy Boyd Barrett will disagree with him.

Seanad: Finance Bill 2019: Second Stage (26 Nov 2019)

Michael D'Arcy: When the Minister for Finance, Deputy Donohoe, introduced the budget in the Dáil last month, he outlined the progress made in the economy. He referred to broad-based economic growth, low levels of unemployment, a large increase in public capital expenditure, tax revenues in line with the target of €58.6 billion and a projected surplus of 0.2% of national income. At that time, he...