Results 8,101-8,120 of 16,537 for speaker:Brian Lenihan Jnr
- Written Answers — Tax Code: Tax Code (18 Dec 2008)
Brian Lenihan Jnr: The position is that those with an entitlement to the medical card will be exempt from the income levy.
- Written Answers — Unemployment Levels: Unemployment Levels (18 Dec 2008)
Brian Lenihan Jnr: A 0.1 per cent increase in the numbers on the Live Register at the end of November, 2008 would add â¬3.1 million in a full year to the cost of Jobseeker's Benefit and Allowance payments. Entitlement to secondary social welfare benefits varies according to the personal circumstances of the individual claimants and the available data on the costs of secondary benefits do not enable the...
- Written Answers — EU Funding: EU Funding (18 Dec 2008)
Brian Lenihan Jnr: I refer the Deputy to my response to question number 45359/08 on Thursday 11th December 2008. The Joint European Resources for Micro to Medium Enterprises (JEREMIE) launched in 2005 is an initiative of the European Commission together with the European Investment Bank (EIB) and the European Investment Fund (EIF) to promote increased access to finance for the development of micro, small and...
- Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (18 Dec 2008)
Brian Lenihan Jnr: In my statement on the 14th December 2008, I announced the Government's decision to support, alongside existing shareholders and private investors, a recapitalisation programme for credit institutions in Ireland of up to â¬10 bn. This will be done through the National Pensions Reserve Fund or otherwise and subject to terms and conditions. I indicated that the State's investment may take the...
- Written Answers — Tax Code: Tax Code (18 Dec 2008)
Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the cost to the Exchequer of exempting from the income levy all foreign-sourced interest income is estimated to be of the order of â¬10 million in a full year in terms of 2009 incomes. However, in not applying the levy to this type of income, regard has to be taken of the fact that the tax liability on these products has been increased by 3...
- Written Answers — Tax Code: Tax Code (18 Dec 2008)
Brian Lenihan Jnr: I propose to take Questions Nos. 103 and 104 together. The operation and impact of tax law as it applies to the legal obligation on a tenant, who pays rent to a non-resident landlord, to deduct income tax from the rental payments is monitored and reviewed on an ongoing basis as part of the normal work of my Department and the Revenue Commissioners. I am informed by the Revenue Commissioners...
- Written Answers — Financial Services Regulation: Financial Services Regulation (18 Dec 2008)
Brian Lenihan Jnr: The decision on whether a bank operating in Ireland passes on ECB interest rate cuts to customers is a commercial decision for the individual banks concerned. While my Department monitors the impact of changes in mortgage interest rates on the Consumer Price Index (CPI), it has no direct function in relation to the individual bank decisions on the matter. However, as the Deputy will be...
- Seanad: Finance (No. 2) Bill 2008 (Certified Money Bill): Second Stage (19 Dec 2008)
Brian Lenihan Jnr: I am glad that Seanad Ãireann has set aside this day to debate the Finance Bill and I look forward to hearing the views of Senators. The Bill before us has been framed in the context of the most difficult economic and fiscal climate in a generation. The speed and depth of the economic downturn has surprised even the most pessimistic of the commentators. It is important to remember that...
- Seanad: Finance (No. 2) Bill 2008 (Certified Money Bill): Second Stage (19 Dec 2008)
Brian Lenihan Jnr: The tribunals are there as well.
- Seanad: Finance (No. 2) Bill 2008 (Certified Money Bill): Second Stage (19 Dec 2008)
Brian Lenihan Jnr: There is no danger of that, Senator.
- Seanad: Finance (No. 2) Bill 2008 (Certified Money Bill): Second Stage (19 Dec 2008)
Brian Lenihan Jnr: They have been of considerable assistance.
- Anglo Irish Bank Corporation Bill 2009: Order for Second Stage (20 Jan 2009)
Brian Lenihan Jnr: I move: "That Second Stage be taken now."
- Anglo Irish Bank Corporation Bill 2009: Second Stage (20 Jan 2009)
Brian Lenihan Jnr: I move: "That the Bill be now read a Second Time." I thank Deputies for their time, given the short notice available, but clearly this is an issue of serious national importance requiring swift action by the Government. I bring this Bill to the House today with a view to securing the financial position of Anglo Irish Bank and by extension the stability of the Irish financial system. The...
- Anglo Irish Bank Corporation Bill 2009: Second Stage (20 Jan 2009)
Brian Lenihan Jnr: Accordingly, the Government believes recapitalisation is not now the appropriate and effective method to secure its continued viability. Therefore, the Government must move to the final and decisive step of public ownership. Later, I will highlight in more detail the salient provisions of the Bill. The House will be aware of the international context in which this action has been taken. I...
- Anglo Irish Bank Corporation Bill 2009: Second Stage (20 Jan 2009)
Brian Lenihan Jnr: It was dealt with in the correspondence from the Taoiseach.
- Anglo Irish Bank Corporation Bill 2009: Second Stage (20 Jan 2009)
Brian Lenihan Jnr: A going concern.
- Anglo Irish Bank Corporation Bill 2009: Second Stage (20 Jan 2009)
Brian Lenihan Jnr: I put information on the record about this.
- Anglo Irish Bank Corporation Bill 2009: Second Stage (20 Jan 2009)
Brian Lenihan Jnr: Excuse me, Deputy.
- Anglo Irish Bank Corporation Bill 2009: Second Stage (20 Jan 2009)
Brian Lenihan Jnr: The only strategy is the Bill before the House today and not any other Bill.
- Anglo Irish Bank Corporation Bill 2009: Second Stage (20 Jan 2009)
Brian Lenihan Jnr: I am grateful to Deputy Rabbitte for giving me the opportunity to deal with the material that appeared on page 14 of The Irish Times today. I referred to it cursorily in opening the debate on Second Stage. The article suggested that on 29 September, when the Government decided to extend the bank guarantee to six financial institutions, a Bill was in existence to rescue only four...