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Written Answers — Department of Finance: Semi-State Bodies (11 Nov 2014)

Michael McGrath: 187. To ask the Minister for Finance in a situation where a commercial semi-State collected, as distinct from billed, less than 50% of its revenue from non-State source, if it will still pass the market test not to be included on the State's books; and if he will make a statement on the matter. [42851/14]

Written Answers — Department of Finance: Semi-State Bodies (11 Nov 2014)

Michael McGrath: 217. To ask the Minister for Finance when EUROSTAT will make a determination as to whether Irish Water meets the criteria as an off-balance sheet entity; and if he will make a statement on the matter. [43204/14]

Written Answers — Department of Finance: Irish Water Establishment (11 Nov 2014)

Michael McGrath: 188. To ask the Minister for Finance the level of equity capital he expects to provide Irish Water to meet its requirements; and if he will make a statement on the matter. [42854/14]

Written Answers — Department of Finance: Revenue Documents Publication (11 Nov 2014)

Michael McGrath: 189. To ask the Minister for Finance if the Revenue Commissioners expects to continue the practice of publishing income statistics; and if he will make a statement on the matter. [42867/14]

Written Answers — Department of Finance: VAT Rate Application (11 Nov 2014)

Michael McGrath: 209. To ask the Minister for Finance the reason the 2015 place of supply VAT changes in the budget 2015 will only bring in €100 million in 2015 but will bring in €125 million in 2017 and €150 million in 2019; if any glide path arrangements were made with any companies to allow them bring in the new VAT rate over a period of time; if he will identify these companies; if...

Written Answers — Department of Finance: Pensions Reform (11 Nov 2014)

Michael McGrath: 216. To ask the Minister for Finance regarding the changes contained in section 63(1) of the Finance Bill which exempts administration services of defined contribution occupational pension schemes from VAT, except one member arrangements, if that clause was inserted in order to comply with the European Court of Justice ruling in the so-called ATP case; if he is aware that the vast majority of...

Written Answers — Department of Finance: Irish Water Funding (11 Nov 2014)

Michael McGrath: 218. To ask the Minister for Finance if he will provide in detail moneys transferred to date or committed to Irish Water as investments on behalf of the State; and if he will make a statement on the matter. [43205/14]

Written Answers — Department of Finance: Mortgage Data (11 Nov 2014)

Michael McGrath: 225. To ask the Minister for Finance his Department's estimate, including a breakdown, of the number of residential mortgages here currently held by entities not regulated by the Central Bank of Ireland and which therefore do not have the statutory protection of the Code of Conduct on Mortgage Arrears; and if he will make a statement on the matter. [43317/14]

Written Answers — Department of Finance: Mortgage Data (11 Nov 2014)

Michael McGrath: 226. To ask the Minister for Finance the number of residential mortgages here that are classified as sub-prime; the number of sub-prime lenders currently operating in the market; the total value of sub-prime mortgages outstanding; the rate of arrears on these mortgages; the actions specific to the sub-prime sector which are being taken to address arrears; and if he will make a statement on...

Written Answers — Department of Finance: Mortgage Resolution Processes (11 Nov 2014)

Michael McGrath: 227. To ask the Minister for Finance the number of complaints that have been made against banks for non compliance with the Code of Conduct on Mortgage Arrears since it was instituted; the number that have been upheld; the sanctions that have been imposed on banks for cases of non compliance; the maximum sanction that may be handed down; and if he will make a statement on the matter. [43319/14]

Written Answers — Department of Environment, Community and Local Government: Irish Water Funding (11 Nov 2014)

Michael McGrath: 482. To ask the Minister for Environment, Community and Local Government if a failure on the part of Irish Water to collect revenues due to it could result in a requirement for further equity capital to be injected into the company; if it will be provided by his Department; and if he will make a statement on the matter. [42853/14]

Written Answers — Department of Environment, Community and Local Government: Water Charges Administration (11 Nov 2014)

Michael McGrath: 493. To ask the Minister for Environment, Community and Local Government if changes to the water charges structure require the approval of the Commission for Energy Regulation; if he is consulting with the CER in this regard; and if he will make a statement on the matter. [42855/14]

Written Answers — Department of Environment, Community and Local Government: Irish Water Funding (11 Nov 2014)

Michael McGrath: 492. To ask the Minister for Environment, Community and Local Government if Irish Water has undertaken any commercial borrowing to date; and if he will make a statement on the matter. [42852/14]

Written Answers — Department of Environment, Community and Local Government: Waste Management (11 Nov 2014)

Michael McGrath: 504. To ask the Minister for Environment, Community and Local Government if he will address a matter raised in correspondence (details supplied) pertaining to the implementation of a full producer responsibility initiative to regulate waste arising from the tyre industry; and if he will make a statement on the matter. [43057/14]

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Irish Collective Asset-Management Vehicles Bill 2014: Committee Stage (11 Nov 2014)

Michael McGrath: Is there any change in substance here to what was envisaged under the old section 125, which again referred to the Companies Acts? Is that just being spelled out in greater detail and enclosing it in the legislation? Is it the same issue and instead of cross referencing it is being included in the Bill.

Written Answers — Department of Finance: IBRC Mortgage Loan Book (12 Nov 2014)

Michael McGrath: 59. To ask the Minister for Finance further to Parliamentary Question No. 308 of 4 November 2014, in view of the fact that these loans have gone through two rounds of auctions and remain unsold, if the liquidator of the Irish Bank Resolution Corporation will now invite the mortgage holders themselves to bid for their own loans, and will he encourage the State owned banks AIB and PTSB,...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Permanent TSB (12 Nov 2014)

Michael McGrath: I welcome Mr. Masding and his colleagues to the joint committee and thank them for the information they sent us in advance and which has been very helpful. It is vital for consumers and the wider economy that the future of Permanent TSB be secured. We do not want to concentrate any further power in the hands of the pillar banks, as that would not be in the interests of the economy. We need...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Permanent TSB (12 Nov 2014)

Michael McGrath: Moving to the recent stress tests and the capital requirements of the bank, Mr. Masding has said 80% of the €855 million shortfall in the adverse scenario has been provided for. Will he confirm the size of the shortfall? Is it in the region of €150 million to €200 million?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Permanent TSB (12 Nov 2014)

Michael McGrath: When does the contingent capital note of €400 fall due for repayment to the State?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Permanent TSB (12 Nov 2014)

Michael McGrath: The bank is now counting that figure towards the overall sum.

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