Results 10,101-10,120 of 36,253 for speaker:Pearse Doherty

Written Answers — Department of Finance: Credit Unions Services (1 Apr 2015)

Pearse Doherty: 18. To ask the Minister for Finance the potential he believes exists for the credit union movement to offer competition in areas traditionally dominated by banks such as mortgage lending. [13099/15]

Written Answers — Department of Finance: Property Tax Data (1 Apr 2015)

Pearse Doherty: 26. To ask the Minister for Finance the number of persons the Revenue Commissioners have taken legal action against over non-payment of the local property tax or household charge; and if he will make a statement on the matter. [13102/15]

Written Answers — Department of Finance: Mortgage Interest Rates (1 Apr 2015)

Pearse Doherty: 38. To ask the Minister for Finance the action he will take to make sure Irish mortgage holders are not paying uncompetitive and unfairly high interest rates on their mortgages. [13098/15]

Written Answers — Department of Finance: European Central Bank (1 Apr 2015)

Pearse Doherty: 41. To ask the Minister for Finance the effect he believes quantitative easing will have on the Irish economy; and if he foresees Irish banks lending more to the real economy as a result. [13100/15]

Written Answers — Department of Finance: VAT Rate Application (1 Apr 2015)

Pearse Doherty: 47. To ask the Minister for Finance if he will clarify the practice whereby some utilities offer credit or vouchers off a utility bill yet charge value added tax on the full pre-reduction price; if this is an acceptable practice; and if he will make a statement on the matter. [13472/15]

Written Answers — Department of Finance: NAMA Property Leases (1 Apr 2015)

Pearse Doherty: 49. To ask the Minister for Finance the number of the 370 applications received by the National Asset Management Agency under the rent abatement scheme that were received from debtors and from receivers. [13530/15]

Written Answers — Department of Finance: NAMA Property Leases (1 Apr 2015)

Pearse Doherty: 50. To ask the Minister for Finance the number of the 370 applications received by the National Asset Management Agency for the rent abatement scheme related to commercial tenants in a shopping centre in County Cork. [13531/15]

Written Answers — Department of Finance: NAMA Property Leases (1 Apr 2015)

Pearse Doherty: 51. To ask the Minister for Finance the number of vacant shops in a shopping centre in County Cork that are secured by the National Asset Management Agency. [13532/15]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)

Pearse Doherty: This is sometimes a bit difficult to follow and a royal mess for those who have claims with Setanta Insurance. The last thing they wanted to see was this to end up in the courts which will delay payment further. I appreciate all involved are doing everything they can to resolve this, however. Given their experience in this case, what do the delegations believe needs to be done to ensure...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)

Pearse Doherty: Mr. Hession spoke at length about the preventive arm of the framework to ensure that a company does not go belly up. While we may be one of the unique countries to have an insurance fund, it is of little comfort at this point to claimants with Setanta Insurance because they are not clear as to who will meet their claims. Maybe it is premature, given that legal clarity is required around...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)

Pearse Doherty: Then the Government asked the Attorney General for her opinion.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)

Pearse Doherty: Will Mr. Quigley explain to me the process as to how this is determined?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)

Pearse Doherty: I presume the Department of Finance and the Department of Transport, Tourism and Sport can decide not to be a party to this. It would be financially beneficial to the State if the MIBI were subject to paying out on some of these claims.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)

Pearse Doherty: Obviously, it will reduce the liability on the State from the insurance compensation fund. Is that not so?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)

Pearse Doherty: Yes, but there are costs associated with it when one has to make big lump sum payments and it also affects borrowings in that one has to borrow the money if one does not have it lying around. Has there been a determination that the Minister will argue that the MIBI is not be liable for this payment? Has that decision been taken within the Department?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)

Pearse Doherty: Mr. Quigley can correct me if I am wrong, but he has said he did not have access to the detail of the Attorney General's legal opinion. Does that surprise him? I know that the legal opinion is only for the Government.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)

Pearse Doherty: Without straying into the case but on the generalities, if the MIBI is liable, it is not governed by the 65% rule in the payment for claims. Is that correct?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)

Pearse Doherty: As regards those who have claims with Setanta Insurance, if the courts decide that the MIBI is liable, they could have them paid in full.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)

Pearse Doherty: As regards third party claims, for which the MIBI would be liable up to a level of 100%, with how many is the liquidator dealing?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)

Pearse Doherty: Therefore, the outcome of the court case for 1,444 claimants is really important. If the Minister is a party to this claim and wins, the claimants will only receive 65% from the insurance compensation fund, whereas if he loses and the MIBI is deemed liable, the claimants could receive up to 100% outside what the liquidator will then step in with. Is that correct?