Results 10,501-10,520 of 27,019 for speaker:Michael Noonan

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (24 Apr 2013)

Michael Noonan: I move amendment No. 136: In page 51, to delete lines 1 to 40.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (24 Apr 2013)

Michael Noonan: I move amendment No. 137: In page 52, paragraph 1(1), lines 5 and 6, to delete all words from and including “the employee's” in line 5 down to and including “consent” in line 6 and substitute the following:“the employee’s parent or guardian, with the consent of the employee”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (24 Apr 2013)

Michael Noonan: I move amendment No. 138: In page 54, paragraph 3(2)(b), line 25, to delete “, or both”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (24 Apr 2013)

Michael Noonan: I move amendment No. 139: In page 54, paragraph 3(4), line 36, to delete “the employee concerned may” and substitute the following:“the employee concerned (or, in the case of an employee who has not reached the age of 18 years, the employee’s parent or guardian, with the consent of the employee) or, with the consent of the employee, any trade union of which the...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (24 Apr 2013)

Michael Noonan: I move amendment No. 140: In page 55, paragraph 3, to delete lines 1 to 21.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (24 Apr 2013)

Michael Noonan: I move amendment No. 141: In page 55, paragraph 4(1)(a), line 30, to delete “with his or her consent” and substitute “, with the employee’s consent”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (24 Apr 2013)

Michael Noonan: I move amendment No. 142: In page 55, paragraph 4(3), lines 51 and 52, to delete “and ending on the day the order is made” and substitute the following:“and ending on the day immediately before the day on which the order of the Circuit Court is made”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (24 Apr 2013)

Michael Noonan: I move amendment No. 143: In page 56, paragraph 5(1), line 8, to delete “paragraph 2(1)” and substitute “paragraph 2(1)(b)”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (24 Apr 2013)

Michael Noonan: I move amendment No. 144: In page 56, paragraph 5(2), line 17, to delete “paragraph 2(1)” and substitute “paragraph 2(1)(b)”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (24 Apr 2013)

Michael Noonan: I move amendment No. 145: In page 56, after line 21, to insert the following:“Amendment of Protection of Employees (Employers’ Insolvency) Act 1984. 6. Section 6 of the Protection of Employees (Employers’ Insolvency) Act 1984 is amended—(a) in subsection (2)(a)—(i) in subparagraph (xxviii) by deleting “and” after “that Schedule,”,...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (24 Apr 2013)

Michael Noonan: I move amendment No. 146: In page 7, line 15, to delete “CENTRAL BANK ACTS 1942 TO 2010” and substitute “CENTRAL BANK ACTS 1942 TO 2012”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (24 Apr 2013)

Michael Noonan: It could be grounds for a fitness and probity investigation and it would then fall into that space. If upheld it would carry the penalties associated with that legislation.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (24 Apr 2013)

Michael Noonan: It would go down to anyone dealing with compliance issues or anyone interacting with customers.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (24 Apr 2013)

Michael Noonan: That is reasonable. I will read the note on amendment No. 43 and then consider whether an amendment is necessary for Report Stage. Subsection (5) in the published Bill provides for the protection of the identity of the person making the disclosure, except with their consent, or where divulging the identity of the person is necessary for an investigation of the matter to which the...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (24 Apr 2013)

Michael Noonan: I thank the Deputies who contributed. I thank the clerk and the committee secretariat. I thank my own staff for dealing so expeditiously with the Committee Stage of the Bill.

Topical Issue Debate: Mortgage Interest Rates (25 Apr 2013)

Michael Noonan: While the Government is acutely aware of the increasing financial stress that some households are facing in the current environment, ultimately, the pricing of financial products, including standard variable mortgage interest rates, is a commercial matter for the management and the boards of the institutions concerned. As the Deputy will be aware, the relationship framework with the bank...

Topical Issue Debate: Mortgage Interest Rates (25 Apr 2013)

Michael Noonan: As I said in my initial reply neither the Department of Finance nor the Central Bank has any statutory power to direct lending institutions on the interest they charge on any particular mortgage. Debate, however, is always worthwhile and if there is to be a debate at the Joint Committee on Finance, Public Expenditure and Reform the appropriate invitations should be issued to the lending...

Topical Issue Debate: Primary School Enrolment Process (25 Apr 2013)

Michael Noonan: The Minister for Education and Skills, Deputy Ruairí Quinn, has asked me to reply on his behalf to Deputy Eoghan Murphy's query. He said that he spoke about the need for a fair and transparent enrolment process at the teacher union conferences that were held at Easter. I will quote from the Minister's speech in responding to the points raised by the Deputy:The Education Act of 1998 set...

Written Answers — Department of Finance: Property Taxation Exemptions (25 Apr 2013)

Michael Noonan: I am advised by the Revenue Commissioners that the exemption from Local Property Tax under section 8 of the Finance (Local Property Tax) Act 2012, for properties purchased between 1 January 2013 and 31 December 2013, which relates to first time buyers, would apply to an individual who built his or her own home during this period, provided the person meets the qualifying conditions, including...

Written Answers — Department of Finance: Tax Code (25 Apr 2013)

Michael Noonan: I propose to take Questions Nos. 55 and 63 together. It is a general principle of taxation that, as far as possible, income from all sources should be subject to taxation. In line with this principle, the majority of social welfare payments are reckonable as income for tax purposes. These include long-term payments such as Disablement Benefit, the State Pension, Widows, Invalidity and...