Results 10,321-10,340 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Insurance Industry: Insurance Industry (24 Jun 2009)

Brian Lenihan Jnr: I propose to take Questions Nos. 87, 88 and 92 together. These questions deal with reports that an insurance company is refusing to provide cover to certain people based on their addresses. At the outset, the Deputies should note that in my role as the Minister for Finance I have responsibility for the development of the legal framework governing financial regulation. The day to day...

Written Answers — Street Trading: Street Trading (24 Jun 2009)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners who have primary responsibility for tackling cigarette smuggling that such illicit trade is tackled using a combination of seizure and prosecution where appropriate. Seizure ordinarily takes place wherever illicit cigarettes are detected, which can be at the point of importation, for example ports, airports and postal depots, or inland where the...

Written Answers — Customs and Excise: Customs and Excise (24 Jun 2009)

Brian Lenihan Jnr: I have been informed by the Revenue Commissioners that the person responsible for the arrest of a vessel in the circumstances envisaged is the Admiralty Marshal of the High Court. Generally the arrest will be effected by an officer of the Revenue Customs Service acting as agent and on the direction of the Admiralty Marshal of the High Court. Once an order is made for such arrest the vessel...

Written Answers — Tax Collection: Tax Collection (24 Jun 2009)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that they are in correspondence with the person concerned to establish whether or not PAYE tax was deducted from the payments made to the person concerned during 2007.

Written Answers — Tax Code: Tax Code (24 Jun 2009)

Brian Lenihan Jnr: As the Deputy is aware, I announced in Budget 2009 that an air travel tax would come into force in respect of passengers departing from Irish airports on and from 30 March 2009. A general rate of €10 per passenger would apply, with a lower rate of €2 for shorter journeys. The Finance (No. 2) Act 2008 confirms the introduction of an air travel tax from 30 March 2009. However, I took...

Written Answers — Banking Sector: Banking Sector (24 Jun 2009)

Brian Lenihan Jnr: As the Deputy will be aware, fixed rate mortgages can be regarded as a form of insurance against interest rate changes as fixed rate mortgages provide certainty and security to borrowers regarding the level of their repayments. When a borrower signs a fixed-rate mortgage contract with a mortgage provider, the lender in turn enters into an agreement where they borrow the money at an agreed...

Written Answers — Public Service Contracts: Public Service Contracts (24 Jun 2009)

Brian Lenihan Jnr: Pre-qualification of contractors to be invited to submit tenders for public contracts is a necessary practice in public procurement. It is facilitated by the use of the standard suitability assessment questionnaire developed by the public sector and accepted by the Construction Industry Federation. Getting on a tender list requires a contractor to demonstrate the capacity to reach the...

Written Answers — Property Valuation: Property Valuation (24 Jun 2009)

Brian Lenihan Jnr: I have been advised by the Commissioner of the Valuation Office that the current status of the Revaluation Programme is as follows: · The Valuation list for South Dublin County Council area was published on 31st December 2007. · Certificates with details of the proposed valuations (Proposed Valuation Certificates), have issued in respect of 5070 properties in the Fingal County Council...

Written Answers — Banking Sector: Banking Sector (24 Jun 2009)

Brian Lenihan Jnr: As the Deputy will be aware, fixed rate mortgages can be regarded as a form of insurance against interest rate changes as fixed rate mortgages provide certainty and security to borrowers regarding the level of their repayments. When a borrower signs a fixed-rate mortgage contract with a mortgage provider, the lender in turn enters into an agreement where they borrow the money at an agreed...

Written Answers — Tax Code: Tax Code (24 Jun 2009)

Brian Lenihan Jnr: The position, in general, is that persons who are in receipt of pensions from Irish companies, registered and based here, are subject to the income levy in respect of that pension where the payment is in excess of the relevant thresholds set out in the legislation. Where the recipient is resident abroad in a country with which Ireland has negotiated a Double Taxation Agreement, that...

Order of Business (25 Jun 2009)

Brian Lenihan Jnr: It is proposed to take No. 25, Criminal Justice (Surveillance) Bill 2009 - Report and Final Stages (resumed); No. a1, Nursing Homes Support Scheme Bill 2008 - amendments from the Seanad; No. 26, Housing (Miscellaneous Provisions) Bill 2008 [Seanad] - Order for Report, Report and Final Stages. It is proposed, notwithstanding anything in Standing Orders, that the Dáil shall sit later than...

Order of Business (25 Jun 2009)

Brian Lenihan Jnr: They are not. The Deputy should read the reports.

Order of Business (25 Jun 2009)

Brian Lenihan Jnr: A debate on this subject is a matter for the Whips. Clearly, Members of the Opposition have to read the report before we can have a debate on it.

Order of Business (25 Jun 2009)

Brian Lenihan Jnr: The IMF states that the Government's policies are the right ones.

Order of Business (25 Jun 2009)

Brian Lenihan Jnr: I refer Deputies to paragraph 45 of the report which states that on the two fronts that matter most, the authorities have moved in the right direction.

Order of Business (25 Jun 2009)

Brian Lenihan Jnr: The two priority areas referred to-----

Order of Business (25 Jun 2009)

Brian Lenihan Jnr: The Deputies do not like it when it is pointed out to them. The two priority areas referred to are the banking systems and fiscal policy. Paragraph 3 of the report-----

Order of Business (25 Jun 2009)

Brian Lenihan Jnr: -----states the Government has moved with resolve to counter the severe economic and fiscal shocks. The IMF supports the establishment of NAMA. In paragraph 21 it describes NAMA-----

Order of Business (25 Jun 2009)

Brian Lenihan Jnr: -----as pivotal to the orderly restructuring of the financial sector and the limiting of long-term damage to the economy. According to paragraph 45, which Deputy Burton wishes me to read out-----

Order of Business (25 Jun 2009)

Brian Lenihan Jnr: -----NAMA offers the prospect of extracting the stressed assets from the banks, a pre-condition for their return to healthy functionality. The IMF also agrees that NAMA can be self-financing if it is well managed.