Results 6,461-6,480 of 36,187 for speaker:Pearse Doherty

Written Answers — Department of Finance: Small and Medium Enterprises Supports (23 Oct 2013)

Pearse Doherty: 90. To ask the Minister for Finance if he will provide details of the trade finance initiative currently being discussed with the European Investment Bank. [45293/13]

Written Answers — Department of Finance: Small and Medium Enterprises Supports (23 Oct 2013)

Pearse Doherty: 91. To ask the Minister for Finance if he will provide details of the budget for the subsidised financial training programme for small business as announced in budget 2014; and the target number of small and medium enterprises to take up the programme. [45294/13]

Written Answers — Department of Finance: Budget 2014 (23 Oct 2013)

Pearse Doherty: 92. To ask the Minister for Finance the basis for the growth projections for employment as outlined in budget 2014. [45295/13]

Written Answers — Department of Finance: Pensions Levy Yield (23 Oct 2013)

Pearse Doherty: 93. To ask the Minister for Finance the expected receipts to be generated by the pensions levy in 2014 and 2015; the level of funds that relevant sections of the jobs initiative will receive; and the level of funding to be set aside to provide for State liabilities from pre-existing and future pension fund difficulties. [45296/13]

Written Answers — Department of Education and Skills: Student Grant Scheme Applications (23 Oct 2013)

Pearse Doherty: 109. To ask the Minister for Education and Skills the position regarding a student grant in respect of a person (details supplied) in County Donegal. [45276/13]

Written Answers — Department of Jobs, Enterprise and Innovation: Enterprise Support Schemes (23 Oct 2013)

Pearse Doherty: 116. To ask the Minister for Jobs, Enterprise and Innovation the measures available to sole traders to help them employ persons and to improve their business in general. [45277/13]

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

Pearse Doherty: With regard to amendment No. 1 and section 1(f), regarding goods and services, is it tight enough so that the provision does not apply to a service from a financial institution? The essence of the point is captured but one cannot define going into a financial institution or another institution that provides credit and deeming it a service. One enters into a contract and one receives money...

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

Pearse Doherty: With regard to the regulated financial services provider, which is defined in the Central Bank Act 1942, does it not refer to being regulated within the State?

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

Pearse Doherty: With changes taking place in Europe, bank accounts will be made available in any part of Europe. Obviously, credit will become an issue and it will be easier to have an account in Spain or France. If I apply for a loan from a bank in Birmingham, can this information be accessed?

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

Pearse Doherty: This is an important point although it may not be widespread at the moment. It is likely that we will move in that direction, although it depends where people decide to go. It will become easier for people to access credit and to have deposit accounts in other EU member states. If this is about ensuring banks do not overlend, the problem is that if I have overstretched myself with the...

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

Pearse Doherty: Is there no way we can provide for this?

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

Pearse Doherty: There are amendments connected with this coming up later.

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

Pearse Doherty: I am disappointed that the Minister is not open to accepting amendment No. 31. We all realise that the situation with individuals who have mortgages and simply cannot pay them back is not a small one. I am not talking about a number of individuals who borrowed recklessly. It is a large section of society who have found themselves with mortgages that are way beyond their means at this point...

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

Pearse Doherty: The Minister of State should correct me if I am wrong on this. On Deputy Kieran O'Donnell's point, amendment No. 29 includes a change to the relevant period whereby information will stay in the system for five years, that applies to section 7(2)(b) which refers to debts on a loan, which means that it has not been paid back. The other paragraph, whereby it will terminate five years after the...

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

Pearse Doherty: On section 8(2), for the purposes of clarity, let us take the issues individually. Section 8(2)(a) includes a reference to section 7(2)(b), which reads, "any proposal or arrangement with respect to debts under the credit agreement or any guarantee or indemnity given in connection with the credit agreement". Specifically, we are talking about credit where there are debts outstanding.

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

Pearse Doherty: In that arrangement, when the proposal is withdrawn or the arrangement is terminated, the information stays in the system for five years afterwards. If I have a mortgage or loan and I still owe €10,000, for five years after the period by which I was supposed to pay back the loan, this information will stay on the register.

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

Pearse Doherty: Even if I owe €10,000 after the end of the five year period, it will disappear from the register.

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

Pearse Doherty: It will remain on the register until the credit arrangement is terminated. If I go into a bank, for example, AIB, to ask for a car loan of €20,000 over a period of three years and in that period of three years I only pay back €10,000, I will still owe the bank €10,000, but the credit arrangement will have terminated-----

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

Pearse Doherty: In the original section 8, one could have had an eight year loan and the information would only have stayed on the register for five years. By amending the legislation, the Minister of State is making certain that it will be in place for five years afterwards.

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

Pearse Doherty: Amendment No. 31, my amendment, is also trying to capture this in the case of family homes. This could be written with different distinctions. As I said, I am open to this. I raised this issue on Second Stage and I am raising it again on Committee Stage. I will pursue some amendment of this sort on Report Stage because it is really important that there be a distinction made for...