Results 7,501-7,520 of 18,851 for speaker:Fergus O'Dowd
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)
Fergus O'Dowd: I move amendment No. 44: In page 44, line 22, to delete "order" and substitute "direction".It is a textual correction, that "order" should read "direction".
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)
Fergus O'Dowd: They are gone then.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)
Fergus O'Dowd: It is a board appointment and it is the end. The board will no longer exist.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)
Fergus O'Dowd: I am advised that there are no termination payments.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)
Fergus O'Dowd: I move amendment No. 46: In page 45, after line 14, to insert the following: “PART 8 MISCELLANEOUSAmendment of section 6 (directions) of State Authorities (Public Private Partnership Arrangements) Act 2002 54.The State Authorities (Public Private Partnership Arrangements) Act 2002 is amended in section 3 by inserting the following subsection after subsection (5):"(6) An appropriate...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)
Fergus O'Dowd: Amendment No. 47 allows the NTMA to use the personal public service number, PPSN, for the purpose of managing the Government's retail personal savings products, which are marketed under the State savings brand and which are part of Exchequer borrowing. It arises from a request by the NTMA to be allowed to collect and use a customer's PPSN and to use the associated public service card for the...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)
Fergus O'Dowd: It needs the numbers to identify individuals in terms of limitations on individual holdings to ensure compliance with all regulations, in particular anti-money laundering rules, and the purposes of the EU savings directive. It also includes prize bonds.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)
Fergus O'Dowd: No. It is just that the cumulative value of holdings must be within the law. It means that if I have money, it will not exceed in my name the maximum I am allowed to hold and that I meet all of the requirements of anti-money laundering legislation. It is to ensure compliance with those laws.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)
Fergus O'Dowd: Yes. It is not retrospective.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)
Fergus O'Dowd: I move amendment No. 47: In page 45, after line 14, to insert the following:"Amendment of Schedule 5 (specified bodies) to Social Welfare Consolidation Act 2005 55.Schedule 5 to the Social Welfare Consolidation Act 2005 is amended in paragraph 1(4) by inserting "the National Treasury Management Agency," after "the National Council for Special Education,".".
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)
Fergus O'Dowd: I move amendment No. 48: In page 46, to delete lines 24 to 26 and substitute the following: " 4 Section 11 Substitute “Subject to section 16 of the and sections 30, 36and 48of the National Treasury Management Agency (Amendment) Act 2014, the expenses” for “The expenses”. ". This is an amendment to section 11 of the 1990 Act which states that the expenses of...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)
Fergus O'Dowd: I move amendment No. 49: In page 46, between lines 30 and 31, to insert the following: "Part 4 Amendments of Item (1) Provision affected (2) Amendment (3) 1 Section 38(1) Delete all of the words from “to securities” to the end of the subsection and substitute “to securities specified in the Table to section 37.”. 2 Section 172A(1)(a) In subparagraph...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)
Fergus O'Dowd: In other words, it goes through the list of legislation and sets out how it affects those bodies.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)
Fergus O'Dowd: The amendment provides "(a) Delete "71. National Development Finance Agency" and (b) Delete "76. National Pensions Reserve Fund Commission". Those bodies are being dissolved, which is why they are being removed from the Act.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)
Fergus O'Dowd: Yes.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)
Fergus O'Dowd: Yes.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)
Fergus O'Dowd: I move amendment No. 50: In page 54, line 16, to delete "required" and substitute "that it is reasonably practicable to do".As with section 47, I draw to the committee's attention the fact that the Minister for Finance is considering an amendment to Schedule 4 in relation to directed investments. These are the investments made at the direction of the Minister for Finance. It will be a...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)
Fergus O'Dowd: Yes, to clarify the intent.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)
Fergus O'Dowd: It will be provided as soon as possible.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)
Fergus O'Dowd: I move amendment No. 51: In page 54, line 20, to delete "Fund" and substitute "Ireland Strategic Investment Fund".This is a drafting amendment. The term "fund" has been used without being defined. The full name of the fund should be used.