Results 7,921-7,940 of 27,019 for speaker:Michael Noonan

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I move amendment No. 121: In page 82, between lines 2 and 3, to insert the following: " 25 Section 47(2) Delete. ".

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I move amendment No. 122: In page 82, line 20, to delete “no risk” and substitute “no undue risk”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: The governance requirements recommended by the commission set out the roles and responsibilities of two key positions within the credit union, those of chairman of the board and manager of the credit union. Under existing legislation, the treasurer is identified as the managing director of the credit union. His or her responsibilities include executive responsibilities such as submitting...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: Deputy Boyd Barrett should take the train to Charleville and look at the credit union building down there.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: Deputies Humphreys and O'Donnell come closest to how I am thinking of resolving this. The amendment is in the same area. The board has a role, under section 53, of reporting to the credit union members, so there is still a function there. Under the old legislation, the treasurer is identified as the managing director of the credit union. The treasurer's responsibilities include executive...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I move amendment No. 125: In page 84, lines 17 to 21, to delete item 43.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I move amendment No. 126: In page 86, lines 31 to 39, to delete item 66.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I move amendment No. 127: In page 86, lines 40 to 42, to delete item 67.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I move amendment No. 128: In page 86, lines 55 to 56, to delete all words from and including "under" in line 55, down to and including "or" in line 56 and substitute the following:"an offence under section 27(2) or section 33(6) or".

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I move amendment No. 129: In page 87, lines 36 and 37, to delete "being voluntary" and substitute " being a voluntary".

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I move amendment No. 130: In page 88, between lines 56 and 57, to insert the following: " 93 Section 114(1) Substitute: “(1) A person shall not be qualified for election as auditor of a credit union unless the person-- (a) is a member of a recognised accountancy body within the meaning of the European Communities (Statutory Audits) (Directive 2006/43/EC) Regulations 2010 (S.I....

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I move amendment No. 131: In page 89, lines 12 to 16, to delete item 98.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I move amendment No. 132: In page 90, line 14, to delete “sends notice” and substitute “serves notice”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I thank the Vice Chairman and, in his absence, the Chairman, Deputy Ciarán Lynch, for what has been a very pleasant Committee Stage stage. I thank all Deputies for their co-operation and very good amendments. I also thank my officials who were up until 4 a.m. in order to prepare for the Committee Stage debate. I acknowledge their very hard work. Very often civil servants are given no...

Written Answers — Department of Finance: Carbon Budget (22 Nov 2012)

Michael Noonan: This question relates to a potential Budgetary measure. It is the usual practice for the Minister for Finance not to speculate or comment in advance of the Budget on what it will contain and I do not propose to deviate from that practice.

Written Answers — Department of Finance: Child Benefit Eligibility (22 Nov 2012)

Michael Noonan: As the Deputy will be aware, the position is that there is no specific proposal in the Programme for Government to means test or tax child benefit payments. It is a longstanding practice of the Minister for Finance not to comment in advance of the Budget on any tax matters that might be the subject of Budget decisions.

Written Answers — Department of Finance: Mortgage Interest Relief (22 Nov 2012)

Michael Noonan: The position is, as I stated in my Budget day speech on 6 December 2011, and on many occasions in this House since, that mortgage interest relief for principal private residences will no longer be available to house purchasers who purchase after the end of 2012 and will be fully abolished from 2018. This means that a loan will have to be drawn down on or before 31 December 2012 in order to...

Written Answers — Department of Finance: Tax Code (22 Nov 2012)

Michael Noonan: The current system of taxation provides that tax is to be charged on an individual’s income, or the joint income of a couple at the following rates: - A single or widowed individual or a surviving civil partner without qualifying children; the first €32,800 @ 20%, with any balance @ 41%. - A single or widowed individual or a surviving civil partner qualifying for One Parent...

Written Answers — Department of Finance: Mortgage Interest Relief (22 Nov 2012)

Michael Noonan: The position is, as I stated in my Budget day speech on 6 December 2011, and on many occasions in this House since, that mortgage interest relief for principal private residences will no longer be available to house purchasers who purchase after the end of 2012 and will be fully abolished from 2018. This means that a loan will have to be drawn down on or before 31 December 2012 in order to...

Written Answers — Department of Finance: Black Economy (22 Nov 2012)

Michael Noonan: I am advised by the Revenue Commissioners that they are fully aware of the unfair competitive advantage to be gained by those businesses that do not fulfil their tax obligations. It is the role of Revenue to ensure that all businesses, regardless of the type of activity they are engaged in, are registered for the appropriate taxes and duties, and that they fulfil their obligations with regard...