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Order of Business (30 Apr 2009)

Brian Lenihan Jnr: On Deputy Burton's suggestion that the Government should meet on Tuesday, we are meeting on Tuesday and have many matters to study-----

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: As Minister for Finance I have not sanctioned the expense of an interactive white board for Government meetings. On the suggestion that we should meet at 10.30 a.m. on Wednesday morning, the commemoration by the State of the 1916 Rising takes place at Arbour Hill on Wednesday morning. As Deputy Ó Caoláin acknowledges, the Minister for Health and Children is at an emergency meeting in...

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: Deputy Bruton raised the question about the changes in the Irish banking system and their management. He suggested there had been no change in the banking sector in Ireland, whatever about the Government. The position is that of the 12 chairmen and chief executives of the institutions guaranteed last September, seven of them no longer occupy the positions they held at that time. That is a...

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: It is the position that of the 12 chairmen and chief executives of the guaranteed institutions, seven have departed since last September.

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: On the question of taxation-----

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: Facts are facts, Deputy. On the issue of taxation-----

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: With regard to the four budgetary adjustments that have taken place in the last year, the position is that this has had the result of reducing a potential deficit of 15% of our annual wealth to 10.5%. I should tell Deputy Bruton that this is a substantial fiscal achievement and it was secured in relation to expenditure as well as taxation. I will now turn to the other issues raised. The...

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: I will have to communicate with the Deputy on the amendment to which he referred. It should be possible to do this with speed.

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: The heads of the financial services (deposit guarantee scheme) Bill were approved by Cabinet this week and it will be published in a matter of weeks. The delay in regard to the publication of this legislation was occasioned by the fact the EU decided to draw up a directive in this area and we had to revise the Bill in light of our obligations under the directive. The draft heads of the...

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: The Bill proposes to amalgamate the National Gallery of Ireland, the Irish Museum of Modern Art and the Crawford Gallery and to the merge the National Archives, the Manuscripts Commission and the National Library. However, it is not possible to indicate a publication date at this stage.

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: It is expected to be published this session.

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: It cannot.

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: I understand the referendum legislation will be taken this session. There is a commitment to introduce the NAMA legislation in this session.

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: Yes.

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: I understand the legislation is in committee and that the Minister proposes to introduce further amendments.

Written Answers — Registered Moneylenders: Registered Moneylenders (30 Apr 2009)

Brian Lenihan Jnr: Particulars regarding registered moneylenders are provided by the Financial Regulator in its register of moneylenders. The Register may be accessed via the link: http://registers.financialregulator.ie/DownloadsPage.aspx. The Financial Regulator is not required to maintain details on the local authority area in which the registered moneylender operates.

Written Answers — Ministerial Remuneration: Ministerial Remuneration (30 Apr 2009)

Brian Lenihan Jnr: I propose to take Questions Nos. 72 to 74, inclusive, together. Section 10 of the Oireachtas (Allowances to Members) and Ministerial and Parliamentary Offices (Amendment) Act 1992 provides for the payment of severance to Officeholders (Ministers, Minister of State etc.) who are members of the "new" Officeholders pension scheme from the day following that on which they cease to hold office. A...

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (30 Apr 2009)

Brian Lenihan Jnr: It is not true that €90 billion of taxpayers' money will be given to any organisation. While the potential book value of loans that will be transferred to NAMA is estimated to be in the region of €80 to €90 billion, NAMA will not be paying book value for them. Significant further detailed work and extensive due diligence on the loan books of each of the banks will be needed to ensure...

Written Answers — Departmental Programmes: Departmental Programmes (30 Apr 2009)

Brian Lenihan Jnr: In line with the position outlined in previous replies on this subject, 'existing level of service' or 'no policy change' estimates have not been prepared for 2008 or 2009. Instead the focus has been on identifying priority areas for expenditure within the financial resources that are available. However, the 2009 Revised Estimates for Public Services presented to this House and published on...

Written Answers — Departmental Reports: Departmental Reports (30 Apr 2009)

Brian Lenihan Jnr: The information requested by the Deputy is contained in the following table. The following table lists the latest reports received from bodies under the aegis of the Department of Finance, in relation to their operation. Name of the Report Has the report been laid before the Houses of the Oireachtas Standards in Public Office Commission Annual Report 2007 Yes The Special EU Programmes...

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