Results 8,401-8,420 of 18,593 for speaker:Michael Creed

Written Answers — Department of Agriculture, Food and the Marine: Revenue Commissioners Investigations (21 Mar 2017)

Michael Creed: Under Regulation (EC) 110/2008 my Department submitted technical files, developed with industry bodies for the Irish Cream, Irish Poitín and Irish Whiskey geographical indications, to the European Commission by 15 February 2015 as required. A tailored verification scheme has been put in place to check that these spirit drinks adhere to the...

Written Answers — Department of Agriculture, Food and the Marine: Fishing Vessel Licences (21 Mar 2017)

Michael Creed: As Minister I have responsibility for policy in relation to sea-fishing boat licensing under Section 3(3) of the Fisheries (Amendment) Act 2003, as amended by Section 99 of the Sea Fisheries and Maritime Jurisdiction Act 2006.  In this context and, as referred to above, Section 3 of the Act makes provision for Ministerial Policy Directives to issue to the independent Licensing Authority...

Written Answers — Department of Agriculture, Food and the Marine: Basic Payment Scheme (21 Mar 2017)

Michael Creed: In accordance with the EU Regulations governing the operation of the Basic Payment Scheme, each Member State has the option to apply ‘clawback’ to the transfer of entitlements without land. Ireland opted to apply clawback on the sale of entitlements without land. EU Regulations state that the application of "clawback" must not present a substantial obstacle or prohibition...

Written Answers — Department of Agriculture, Food and the Marine: Basic Payment Scheme (21 Mar 2017)

Michael Creed: In accordance with the EU Regulations governing the operation of the Basic Payment Scheme, each Member State has the option to apply ‘clawback’ to the transfer of entitlements without land. Decisions pertaining to the use of such optional provisions are taken by Member States and do not require approval of the EU. Ireland has applied such a ‘clawback’ to the sale...

Written Answers — Department of Agriculture, Food and the Marine: Areas of Natural Constraint Scheme Payments (21 Mar 2017)

Michael Creed: Under the Rural Development Regulation each Member State must designate areas eligible for payments under the Areas of Natural Constraints (ANC) scheme. The ANC scheme replaces the previous Disadvantaged Areas Scheme / Less Favoured Areas Scheme. The designation of eligible areas under these schemes to date has been based on a range of socio-economic factors. From 2018 eligible areas must...

Written Answers — Department of Agriculture, Food and the Marine: Areas of Natural Constraint Scheme Funding (21 Mar 2017)

Michael Creed: The Programme for a Partnership Government sets out the commitment to increase the budget for the Areas of Natural Constraint (ANC) Scheme by €25m in Budget 2018. In parallel, the Rural Development Regulation requires all Member States to designate eligible areas under the ANC Scheme by reference to new biophysical criteria by 2018. The technical work underlying this process is...

Written Answers — Department of Agriculture, Food and the Marine: Areas of Natural Constraint Scheme Payments (21 Mar 2017)

Michael Creed: Under the Rural Development Regulation each Member State must designate areas eligible for payments under the Areas of Natural Constraints (ANC) scheme. The ANC scheme replaces the previous Disadvantaged Areas Scheme / Less Favoured Areas Scheme. The designation of eligible areas under these schemes to date has been based on a range of socio-economic factors. From 2018 eligible areas must...

Written Answers — Department of Agriculture, Food and the Marine: GLAS Payments (21 Mar 2017)

Michael Creed: The person named was approved into GLAS 1 with a contract commencement date of 1 October 2015 and has received a first payment instalment in respect of the 2015 scheme year. The application has now successfully completed the 2015 balancing prepayment checking process and payment will issue at the earliest opportunity. Following the issue of payment in respect of the 2015 scheme year, the 2016...

Written Answers — Department of Agriculture, Food and the Marine: Ministerial Allowances (21 Mar 2017)

Michael Creed: Two former Ministers of State were paid overnight expenses on 29 occasions when attending events in Dublin during the period since 2011.

Select Committee on Agriculture, Food and the Marine: Estimates for Public Services 2017
Vote 30 - Department of Agriculture, Food and the Marine (Revised) (21 Mar 2017)

Michael Creed: I am very pleased to accept the invitation to meet with the committee. This is a valuable opportunity to review how we are progressing with the current challenges and opportunities presented across the various sectors in agriculture, food development, marine and forestry. Budget 2017 demonstrated the Government’s firm commitment to the agrifood and marine sectors, recognising the...

Select Committee on Agriculture, Food and the Marine: Estimates for Public Services 2017
Vote 30 - Department of Agriculture, Food and the Marine (Revised) (21 Mar 2017)

Michael Creed: I thank the Chairman and members for their questions. It is important to recall the reason the scheme was necessary. In a nutshell if one goes back to the first quarter report of the Central Bank of Ireland in 2016, it did a league table of the cost of credit across the eurozone member states. Ireland was firmly rooted in the relegation zone in terms of what people were paying for credit...

Select Committee on Agriculture, Food and the Marine: Estimates for Public Services 2017
Vote 30 - Department of Agriculture, Food and the Marine (Revised) (21 Mar 2017)

Michael Creed: All of the banks have indicated that their funds are committed. It is a case of whether they have been drawn down.

Select Committee on Agriculture, Food and the Marine: Estimates for Public Services 2017
Vote 30 - Department of Agriculture, Food and the Marine (Revised) (21 Mar 2017)

Michael Creed: There was no qualification for SBCI.

Select Committee on Agriculture, Food and the Marine: Estimates for Public Services 2017
Vote 30 - Department of Agriculture, Food and the Marine (Revised) (21 Mar 2017)

Michael Creed: We will have to wait until there is drawdown.

Select Committee on Agriculture, Food and the Marine: Estimates for Public Services 2017
Vote 30 - Department of Agriculture, Food and the Marine (Revised) (21 Mar 2017)

Michael Creed: We will get the profile of applications, approvals and rates.

Select Committee on Agriculture, Food and the Marine: Estimates for Public Services 2017
Vote 30 - Department of Agriculture, Food and the Marine (Revised) (21 Mar 2017)

Michael Creed: We will have that as soon as possible.

Select Committee on Agriculture, Food and the Marine: Estimates for Public Services 2017
Vote 30 - Department of Agriculture, Food and the Marine (Revised) (21 Mar 2017)

Michael Creed: Yes.

Select Committee on Agriculture, Food and the Marine: Estimates for Public Services 2017
Vote 30 - Department of Agriculture, Food and the Marine (Revised) (21 Mar 2017)

Michael Creed: Under the scheme, we extended the availability of the loan to the mushroom and tillage sectors. The Department keeps a record of all beneficiaries who would have benefited from de minimispayments up to now. It then had to keep track of whether the subsidy element that was available if this loan exceeded the €15,000 threshold over a three-year period. That is important. I would...

Select Committee on Agriculture, Food and the Marine: Estimates for Public Services 2017
Vote 30 - Department of Agriculture, Food and the Marine (Revised) (21 Mar 2017)

Michael Creed: I would be very concerned about bank lending. We have come through quite a steep learning curve in terms of bank lending and inadequate paperwork. I would not be an advocate of there being inadequate or shoddy paperwork.

Select Committee on Agriculture, Food and the Marine: Estimates for Public Services 2017
Vote 30 - Department of Agriculture, Food and the Marine (Revised) (21 Mar 2017)

Michael Creed: To come back to Deputy Cahill's point, the scheme was for a maximum of six years. It did not state that every loan applicant was entitled to six years. The State's input was to subsidise the loan and address a market gap. It was not a question of the State getting into the banking business. It was unsecured credit, a subsidised interest rate, an option for interest only, for a maximum of...