Results 11,421-11,440 of 16,537 for speaker:Brian Lenihan Jnr
- National Management Agency Bill 2009: Report Stage (Resumed) (4 Nov 2009)
Brian Lenihan Jnr: We do not have it yet.
- National Management Agency Bill 2009: Report Stage (Resumed) (4 Nov 2009)
Brian Lenihan Jnr: To the private equity.
- National Management Agency Bill 2009: Report Stage (Resumed) (4 Nov 2009)
Brian Lenihan Jnr: Yes, the same dividend rule would apply.
- National Management Agency Bill 2009: Report Stage (Resumed) (4 Nov 2009)
Brian Lenihan Jnr: It is being set up in order to differentiate the two liabilities.
- National Management Agency Bill 2009: Report Stage (Resumed) (4 Nov 2009)
Brian Lenihan Jnr: That would be Exchequer debt as distinct from -----
- National Management Agency Bill 2009: Report Stage (Resumed) (4 Nov 2009)
Brian Lenihan Jnr: Deputy Kennedy asked if there would be a separate SPV for each financial institution. There will not be. Also, the â¬100 million is the total consideration of the entire special purpose vehicle. Deputy Bruton asked why have â¬100 million, why not establish a â¬1 company. In Deputy Rabbitte's constituency many years ago there were developers and builders who incorporated companies for...
- National Management Agency Bill 2009: Report Stage (Resumed) (4 Nov 2009)
Brian Lenihan Jnr: We provided for it in the legislation through the creation of the group entity.
- National Management Agency Bill 2009: Report Stage (Resumed) (4 Nov 2009)
Brian Lenihan Jnr: That is a matter for the company but it will be a parallel audit if it opts for that.
- National Management Agency Bill 2009: Report Stage (Resumed) (4 Nov 2009)
Brian Lenihan Jnr: Someone must make that decision within the company.
- National Management Agency Bill 2009: Report Stage (Resumed) (4 Nov 2009)
Brian Lenihan Jnr: Yes, but there is nothing under the amendment to stop the Comptroller and Auditor General becoming that person for company law purposes, as well as the public audit he is required to do under the legislation. That is a very detailed matter that does not require to be specified in legislation at this stage.
- National Management Agency Bill 2009: Report Stage (Resumed) (4 Nov 2009)
Brian Lenihan Jnr: That was a different amendment.
- National Management Agency Bill 2009: Report Stage (Resumed) (4 Nov 2009)
Brian Lenihan Jnr: That is a fair point but the Comptroller and Auditor General already has that power and it may well be that this is one of the appropriate contexts in which to exercise it.
- National Management Agency Bill 2009: Report Stage (Resumed) (4 Nov 2009)
Brian Lenihan Jnr: Yes. This is a matter that can be constructed but the preliminary advice is that it is satisfied with the general thrust of what we are doing. I cannot predict the outcome of discussions with EUROSTAT to finalise all of the details of this, as Deputy O'Donnell would appreciate.
- National Management Agency Bill 2009: Report Stage (Resumed) (4 Nov 2009)
Brian Lenihan Jnr: A great deal of it has been finalised but I would like to deal with the question of the shareholding agreement that both Deputy Rabbitte and Deputy O'Donnell raised. As Deputy O'Donnell rightly said, everything depends on the terms of the shareholders' agreement but shareholders' agreements are very common. He gave the private analogy but there are many shareholding agreements where the...
- National Management Agency Bill 2009: Report Stage (Resumed) (4 Nov 2009)
Brian Lenihan Jnr: Not all of the details of the agreement can be submitted on execution to the parliamentary committee but its principle terms can be.
- Written Answers — Tax Yield: Tax Yield (4 Nov 2009)
Brian Lenihan Jnr: I propose to take Questions Nos. 160 and 161 together. I am informed by the Revenue Commissioners that the latest relevant sector-based information available on employees taxed under the PAYE system is derived from income tax returns filed for the income tax year 2007 and represents about 96 per cent of all returns expected at the time the data were compiled for analytical purposes. On this...
- Written Answers — Redundancy Payments: Redundancy Payments (4 Nov 2009)
Brian Lenihan Jnr: There are no guidelines in place as regards the amount of redundancy that is payable to public service workers. Neither are there an agreed number of weeks that are payable in addition to statutory redundancy entitlements. Approved redundancy terms in the past have varied, depending on the circumstances of the termination of employment concerned.
- Written Answers — Public Sector Staff: Public Sector Staff (4 Nov 2009)
Brian Lenihan Jnr: The deliberations of my Department in regard to a targeted Voluntary Early Retirement Scheme for the health sector referred to in my response to PQ 6276/09 culminated in the Incentivised Scheme of Early Retirement (ISER) for the Public Service announced in the 2009 Supplementary Budget. The ISER was intended to apply in the health sector. However, its application in the health sector was...
- Written Answers — Freedom of Information: Freedom of Information (4 Nov 2009)
Brian Lenihan Jnr: Bus Ãireann is not covered by the Freedom of Information Act (FOI) and there are no proposals to bring it under the remit of the Act. The position on commercial state bodies and FOI is that they should not be included under FOI legislation because it would compromise their ability to compete effectively in the markets within which they operate.
- Written Answers — Tax Collection: Tax Collection (4 Nov 2009)
Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that PAYE Balancing Statements P21 for the years 2005 to 2008 together with any refunds due will issue to the person concerned shortly.