Results 11,521-11,540 of 16,537 for speaker:Brian Lenihan Jnr
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: -----and that there are no proposals forthcoming to address that issue.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: That is a far greater burden on my shoulders and it is a burden I will also discharge.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: How can one answer all the questions in three minutes? Deputy Rabbite raised a very interesting question about capitalisation. He made the point that it surely would have been possible to take the banks into temporary nationalisation, but once one would nationalise the banks one would be responsible for providing the banks with capital.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: It is not just a matter of shunting a few shareholders out of the way and paying them compensation. The entire funding of that bank is then assimilated to the sovereign State of Ireland and added to the national debt with all of the consequences that entails.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: With regard to this debate, history will record the fact that despite two and half months of debate, the Opposition parties still cannot distinguish between â¬50 billion at 1.5% and â¬50 billion at 4%.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: That is a simple arithmetical matter to which the Opposition parties-----
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: -----are incapable of addressing themselves.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Brian Lenihan Jnr: I am withdrawing amendment No. 42.
- Written Answers — Disabled Drivers: Disabled Drivers (5 Nov 2009)
Brian Lenihan Jnr: The initial application for a Primary Medical Certificate under the Disabled Drivers and Disabled Passengers (Tax Concessions) Regulations 1994, is made to the Senior Medical Officer of the relevant local Health Service Executive administrative area. If the Primary Medical Certificate has been refused in this case, the named person may appeal the refusal to the Medical Board of Appeal,...
- Written Answers — Tax Code: Tax Code (5 Nov 2009)
Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the relevant information available relates to numbers of claimants for the personal and PAYE credits, excluding claimants for lone parents and the widowed persons top up, in the specified income ranges which are set out in the table below. Claimants for the lone parents and the widowed persons top up credits are included in the table numbers...
- Written Answers — Tax Code: Tax Code (5 Nov 2009)
Brian Lenihan Jnr: I am advised by the Revenue Commissioners that flat-rate farmers are not in the normal course entitled to credit for, or repayment of, VAT incurred by them on business inputs. The Value-Added Tax (Refund of Tax) (No 25) Order, 1993 provides for refunds to flat-rate farmers for VAT borne on the "construction, extension, alteration or reconstruction of any building or structure which is...
- Written Answers — Financial Services Regulation: Financial Services Regulation (5 Nov 2009)
Brian Lenihan Jnr: In Accordance with Ireland's EU obligations All Exchange Control legislation expired on 31 December 1992. From 1 January 1993 there are no laws or regulations which would prevent the normal free movement of capital or current payments to or from the State by individuals or corporate entities for any purpose. This liberalisation applies equally to EU and non-EU countries. However, in any...
- Written Answers — Tax Yield: Tax Yield (5 Nov 2009)
Brian Lenihan Jnr: The Income Levy was introduced in October of last year in Budget 2009 and the rates subsequently increased in the Supplementary Budget in April of this year. Based on these forecasts, it was estimated that the Income Levy would yield approximately â¬1.1 billion in 2009. The Pre-Budget Outlook will update the macroeconomic projections for the period 2009-2013. As part of that process, my...
- Written Answers — Tax Code: Tax Code (5 Nov 2009)
Brian Lenihan Jnr: I would point out that the Report of the Commission on Taxation does not contain a recommendation to increase the VAT rate applicable to coal. I have no plans to increase the VAT rate that applies to home heating fuels. With regard to the differential between the VAT rate applicable to coal in Ireland and the UK, under EU law Member States can retain certain reduced rates provisions which...
- Written Answers — Tax Yield: Tax Yield (5 Nov 2009)
Brian Lenihan Jnr: Based on an estimate of around â¬230 million of bets having been placed with on-course bookmakers at race meetings over the twelve month period to 31 August 2009, it is estimated that applying the 1% betting duty to such bets would have yielded the Exchequer approximately â¬2.3 million and a 1.5% betting duty would have yielded the Exchequer approximately â¬3.45 million. The on-course...
- Written Answers — Tax Yield: Tax Yield (5 Nov 2009)
Brian Lenihan Jnr: I am informed by the Revenue Commissioners that it is estimated that the additional full year yield to the Exchequer from increasing the betting duty from 1% to 1.5% would be in the region of â¬15 million.
- Written Answers — National Asset Management Agency: National Asset Management Agency (5 Nov 2009)
Brian Lenihan Jnr: The Deputy will be aware that the loans eligible for transfer to NAMA have a book value of â¬77 billion. This figure comprises approximately â¬49 billion land and development loans and approximately â¬28 billion associated loans. The reason for the inclusion of these associated loans within the eligible loans for transfer to NAMA is to cleanse the balance sheets of the banks of exposure...
- Seanad: National Asset Management Agency Bill 2009: Second Stage (9 Nov 2009)
Brian Lenihan Jnr: I am pleased to present the Bill to the Seanad. While the views expressed by Members of the Oireachtas over the last few months have differed in many respects, we are all agreed that the National Asset Management Agency is an important item of legislation in the history of our country. For that reason I look forward to hearing the views of Members of the Seanad during the course of this...
- Seanad: National Asset Management Agency Bill 2009: Second Stage (9 Nov 2009)
Brian Lenihan Jnr: I am not questioning the Senator's right to a Second Stage debate but while it is against the tradition of this House to comment on the other House the Second Stage debate there continued into Committee and Report Stages with the same arguments being rehearsed on those stages that had been dealt with on Second Stage. They had been dealt with in committee in August, and have since been dealt...
- Seanad: National Asset Management Agency Bill 2009: Second Stage (9 Nov 2009)
Brian Lenihan Jnr: Senator Twomey has been constructive. I am not criticising him.