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Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming Economic and Financial Affairs Council: Minister for Finance (13 Feb 2014)

Pearse Doherty: Cuirim fáilte riomh an Aire. Deputy Michael McGrath spoke about the separation of sovereign and banking debt and I will pick up on that point. As I have limited time I will not ask the Minister again whether he has raised the matter or whether he will do so. I welcome the comments the Minister made publicly last week on this issue. When will real negotiations begin on this? I...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming Economic and Financial Affairs Council: Minister for Finance (13 Feb 2014)

Pearse Doherty: For clarification - I do not think I was clear enough; I thought it would be understood given the track record of this interaction - I am speaking about the retroactive recapitalisation of Irish banks. When will this part be thrashed out? When does the Minister think real negotiations will begin?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming Economic and Financial Affairs Council: Minister for Finance (13 Feb 2014)

Pearse Doherty: I presume from the Minister's answer that real negotiations will not begin until 2015 when the fund is up and running and in place. Is this correct?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming Economic and Financial Affairs Council: Minister for Finance (13 Feb 2014)

Pearse Doherty: I understand this.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming Economic and Financial Affairs Council: Minister for Finance (13 Feb 2014)

Pearse Doherty: I understand, and it is probably the most important part from our point of view. I will move onto the fund itself. The Minister mentioned the items for discussion at the meetings this month and last month. No reference has been made to the ongoing debate, of which we understand the Minister is part, on when mutualisation of the fund will take place. Will it take place over a ten year...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming Economic and Financial Affairs Council: Minister for Finance (13 Feb 2014)

Pearse Doherty: I understand this. We are clearly in support of the Draghi position. I know it is impossible to state exactly, but will the Minister indicate to the committee whether he believes this position could win out at the end of the day in the discussions that will take place?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming Economic and Financial Affairs Council: Minister for Finance (13 Feb 2014)

Pearse Doherty: The fund of €55 billion seems small in comparison with the banking sector, which throughout Europe is worth €33 trillion. We would like a good share of this €55 billion for retroactive recapitalisation. Deputy McGrath touched on the asset quality review that will be conducted with regard to stress testing. The banks have not been informed of the exact terms of the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming Economic and Financial Affairs Council: Minister for Finance (13 Feb 2014)

Pearse Doherty: The Minister is happy enough. It is to be welcomed that the analysis at present is that we are on course. Am I reading the Minister correctly? Anything that varies it would be a positive rather than a negative.

Written Answers — Department of Finance: Legislative Programme (18 Feb 2014)

Pearse Doherty: 169. To ask the Minister for Finance when the sale of loan books to unregulated third parties Bill will be published; the aim of the Bill; and the number of mortgage holders that are likely to be affected. [7552/14]

Written Answers — Department of Finance: Banking Sector Regulation (18 Feb 2014)

Pearse Doherty: 185. To ask the Minister for Finance his views on whether the accounting policy (details supplied) is consistent with his assurances that banks do not systemically overvalue assets in their published accounts; and if he will make a statement on the matter. [7786/14]

Written Answers — Department of Finance: Banking Sector Regulation (18 Feb 2014)

Pearse Doherty: 186. To ask the Minister for Finance if the Central Bank has ever investigated any bank in the State for hiding losses in its accounts; and if he will make a statement on the matter. [7789/14]

Written Answers — Department of Finance: Tax Code (18 Feb 2014)

Pearse Doherty: 198. To ask the Minister for Finance the grounds on which online bookmakers and betting intermediaries are exempt from the payment of VAT; and if he will make a statement on the matter. [8095/14]

Written Answers — Department of Finance: Tax Code (18 Feb 2014)

Pearse Doherty: 199. To ask the Minister for Finance the way online bookmakers that will operate here following the passing of the Betting (Amendment) Bill 2013 will be treated for the purposes of VAT and corporation tax. [8096/14]

Written Answers — Department of Finance: Tax Code (18 Feb 2014)

Pearse Doherty: 200. To ask the Minister for Finance the way remote betting intermediaries that will operate here following the passing of the Betting (Amendment) Bill 2013 will be treated for the purposes of VAT and corporation tax. [8097/14]

Written Answers — Department of Finance: Tax Code (18 Feb 2014)

Pearse Doherty: 201. To ask the Minister for Finance the way online bookmakers not based in the EU that will operate here following the passing of the Betting (Amendment) Bill 2013 will be treated for the purposes of VAT. [8098/14]

Written Answers — Department of Finance: Tax Code (18 Feb 2014)

Pearse Doherty: 202. To ask the Minister for Finance the way remote betting intermediaries not based in the EU that will operate here following the passing of the Betting (Amendment) Bill 2013 will be treated for the purposes of VAT. [8099/14]

Written Answers — Department of Finance: Tax Code (18 Feb 2014)

Pearse Doherty: 203. To ask the Minister for Finance if the Revenue Commissioners are satisfied that the State is receiving all VAT due from the online gambling industry; and the total tax revenue raised in 2013 from the industry. [8100/14]

Written Answers — Department of Finance: Betting Legislation (18 Feb 2014)

Pearse Doherty: 204. To ask the Minister for Finance if there is a prohibition on the advertising of betting on Gaelic football and any others sport under the Betting Act 1931; and if he will make a statement on the matter. [8101/14]

Written Answers — Department of Finance: NAMA Operations (18 Feb 2014)

Pearse Doherty: 211. To ask the Minister for Finance further to statements by the chairman of the National Asset Management Agency on 8 March 2012 to the Joint Committee on the Implementation of the Good Friday Agreement when he stated we had made 15 insolvency appointments in Northern Ireland and made 214 appointments in total and proportionate to the portfolio, that is not unreasonable, if he will provide...

Written Answers — Department of Finance: NAMA Operations (18 Feb 2014)

Pearse Doherty: 212. To ask the Minister for Finance if he will provide, in tabular form, the amount of advances approved and actually paid over by the National Asset Management Agency to borrowers since NAMA's inception to date, categorized by jurisdiction, specifically, the South of Ireland, the North of Ireland, Britain and the rest of world. [8180/14]

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