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Results 1,281-1,300 of 11,979 for speaker:Billy Kelleher

Flood Relief: Statements. (24 Nov 2009)

Billy Kelleher: -----finds itself without water. It is bad enough to be dealing with the floods but now there is non-availability of water to the homes of 80,000 people. The emergency services are doing their best but if there had been some forward planning and foresight many of these issues might have been avoided. More fundamentally, water supply must be examined. An outside organisation should be...

Flood Relief: Statements. (24 Nov 2009)

Billy Kelleher: -----to see whether the location was correct in the first place but also, equally important, why a city, particularly its most affected north side, should be entirely dependent on one pumping station. I urge all retailers not to profiteer with regard to the supply of drinking water. Most are not doing this but some are.

Seanad: Companies (Miscellaneous Provisions) Bill 2009: Committee Stage (26 Nov 2009)

Billy Kelleher: Amendment No. 5, as published, is to allow the Minister to make recommendations to recognise stock exchanges outside the State so companies can make the equivalent of a market purchase of its own shares on those exchanges. Part 11 of the Companies Act 1990 provides that a market purchase occurs when a company purchases its own shares on a recognised stock exchange. Market purchases must be...

Seanad: Companies (Miscellaneous Provisions) Bill 2009: Committee Stage (26 Nov 2009)

Billy Kelleher: I can agree with everything the Senator said. The difficulty is that these were not ready for drafting at the time the Bill was debated in the Seanad. That highlights the importance of the Seanad and our parliamentary system in that we can introduce amendments from time to time and have a discussion on them. The reason behind this is to ensure the companies that will avail of the transition...

Seanad: Companies (Miscellaneous Provisions) Bill 2009: Committee Stage (26 Nov 2009)

Billy Kelleher: It is merely to correct the reading of the Bill. There are no significant changes other than that we are deleting an "and" after "£250,000" and also the comma in page 5, paragraph (b), line 13. It is a grammatical correcting of the Bill. They are technical amendments.

Seanad: Companies (Miscellaneous Provisions) Bill 2009: Committee Stage (26 Nov 2009)

Billy Kelleher: This amendment is to ensure continuity of membership by directors of committees of inquiry established by the Irish Auditing and Accounting Supervisory Authority, IAASA. Section 27 of the Companies (Auditing and Accounting) Act sets out the manner in which committees of inquiry of IAASA are constituted. The proposed amendment No. 6 is necessary as the term of office of one of the current...

Seanad: Companies (Miscellaneous Provisions) Bill 2009: Committee Stage (26 Nov 2009)

Billy Kelleher: We hope this will give confidence to take on any challenges or investigations required and that it will be seamless in the context of person staying on until an inquiry is complete. My speaking notes pale into insignificance compared to Senator O'Toole's explanation of the need for the amendment. The work of the company law review group on the consolidation of company law is a huge...

Seanad: Companies (Miscellaneous Provisions) Bill 2009: Committee Stage (26 Nov 2009)

Billy Kelleher: I thank Senators for their co-operation with the Bill. This is the second company law Bill initiated in the Seanad in 2009; therefore, we are fond of introducing such legislation here. This is a Chamber that can help in broadening the knowledge and input into legislation. On an issue raised by Senator O'Toole in the context of the company law review, there has already been broad...

Order of Business (2 Dec 2009)

Billy Kelleher: The Deputy should show some leadership.

Companies (Miscellaneous Provisions) Bill 2009 [Seanad]: Second Stage (2 Dec 2009)

Billy Kelleher: I move: "That the Bill be now read a Second Time." I am pleased to introduce this Bill in the Dáil and I thank Deputies for facilitating an early debate on the urgent issues it addresses. I will explain as I move to the specific sections of the Bill the urgency attaching to them. This is the second Bill this Government has introduced this year to amend the Companies Act. Like its...

Companies (Miscellaneous Provisions) Bill 2009 [Seanad]: Second Stage (2 Dec 2009)

Billy Kelleher: We hope to have it published in September 2010. It is a major undertaking.

Companies (Miscellaneous Provisions) Bill 2009 [Seanad]: Second Stage (2 Dec 2009)

Billy Kelleher: Everybody accepts it is a large undertaking involving approximately 1,300 amendments. We would like to get the legislation right as opposed to rushed. Obviously with the co-operation and input of this House - if we are all still here - I very much look forward to taking it through the various Stages. With the co-operation of all sides it could implemented in 2011. However, we first need...

Companies (Miscellaneous Provisions) Bill 2009 [Seanad]: Second Stage (2 Dec 2009)

Billy Kelleher: Were the Deputy to conclude within two minutes, he would not be in possession.

Job Creation. (2 Dec 2009)

Billy Kelleher: Enterprise Ireland is the lead government agency responsible for the development of indigenous enterprise. The fundamental objective of the current Enterprise Ireland strategy is to drive export growth momentum and internationalisation in what is an increasingly challenging and competitive environment for companies. Enterprise Ireland's strategy, Transforming Irish Industry 2008-2010,...

Job Creation. (2 Dec 2009)

Billy Kelleher: I answered the question the Deputy asked.

Job Creation. (2 Dec 2009)

Billy Kelleher: None of those agencies prophesises the future.

Job Creation. (2 Dec 2009)

Billy Kelleher: I do not know if that document has been widely read but we had a look at it. If there are any good proposals, we will certainly examine them. In the broader context, the IDA does not say how many jobs it will create in a year.

Job Creation. (2 Dec 2009)

Billy Kelleher: No, it does not.

Job Creation. (2 Dec 2009)

Billy Kelleher: The IDA is charged with the function of creating as many jobs as possible. Its purpose is to attract foreign direct investment and to support companies locating in this country. The reverse is the case with Enterprise Ireland, whose purpose and function is to promote and sustain as many jobs as possible, as opposed to having particular targets. Its purpose is to establish companies in...

Job Creation. (2 Dec 2009)

Billy Kelleher: That document involves the sale of many assets at a depressed time in the market but-----

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