Results 7,261-7,280 of 16,492 for speaker:Ciarán Lynch

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: I should say that if this section is not wrapped up by 8.30 p.m., we will suspend at that time.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: The Minister has finalised his contribution.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: I will call Deputy Higgins, but I would like the Minister to conclude.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: I will call Deputy Higgins.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: Deputy, please. Through the Chair.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: As it is 8.30 p.m., I propose to suspend briefly to allow members to have a bite to eat. Is that agreed? Agreed.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: We will resume the discussion on amendments Nos. 14 to 16, inclusive, and amendment No. 18.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: Amendments Nos. 21 and 22 are related and will be discussed together.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: We will now return to the amendment.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: My understanding is that the entities in question must be enterprises. Deputy Higgins might be in the space if he is talking about affordable housing programmes that are enterprising and where a profit is being made to some extent, albeit for a social gain, and to be reinvested. If a capital investment by the State is involved, which goes onto the State asset book as a capital investment,...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: Could the Housing Finance Agency put it off balance sheet for us?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: If I could make the Minister's case for him; according to other Bills we have dealt with, an instruction is temporal but one can change the context of the paragraph in the Bill by directions and orders. If one reads it through and puts those words into it, more so than using a verb, it creates a different action arising out of the section. Where the Minister may instruct, he is now into...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: I think that is the case if one changes the words. I say that by means of assistance. I stand to be corrected.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: Amendments Nos. 25 to 28, inclusive, are related and will be discussed together.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: Amendments Nos. 30 to 32, inclusive, are related and will be discussed together.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: The Minister may speak to amendment No. 31 also. He addressed amendments Nos. 30 and 32.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: Amendments Nos. 35, 37 and 38 are related and will be discussed together.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: It is definitely getting late.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: Other matters come before this legislation. Banking union legislation has a bail-in, rather than a bailout. I am not sure whether Deputy Pearse Doherty is correct in what he says so we need a brief to examine his concern regarding bailing out banks.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: Amendment No. 42 is in the name of the Minister. Amendment No. 42 is consequential on amendment No. 49, therefore, amendments Nos. 42 and 49 will be discussed together.