Results 13,241-13,260 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Tax Code: Tax Code (31 Mar 2010)

Brian Lenihan Jnr: I should point out that the Commissioner of Valuation is independent in the exercise of his duties under the Valuation Act 2001 and I, as Minister for Finance, have no function in decisions in this regard. The Valuation Act 2001 provides that all buildings used or developed for any purpose, including constructions affixed thereto, are rateable unless expressly exempted under the Act. A store...

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (31 Mar 2010)

Brian Lenihan Jnr: The Delegation of Banking System Functions Order 2010, SI 115 was prepared by the Office of the Parliamentary Counsel. Each of the functions referred to by the Deputy has been delegated under Section 5 of the National Treasury Management Agency Act 1990, which provides that the Government may delegate to the Agency the functions of the Minister for Finance specified in the First Schedule to...

Written Answers — Departmental Expenditure: Departmental Expenditure (31 Mar 2010)

Brian Lenihan Jnr: No additional funds are being provided for the re-naming of Departments as announced by the Taoiseach in the Dáil on 23rd March. Any administrative costs that do arise will be met from within the existing Administrative Budget allocations of the Departments concerned.

Written Answers — Pension Provisions: Pension Provisions (31 Mar 2010)

Brian Lenihan Jnr: I understand that the Deputy has received answers from the Minister for Social and Family Affairs and myself that need clarification. The Deputy will appreciate that the subject matter of her PQ is a complex matter that requires examination. Accordingly I have asked my Department to look into the matter in consultation with the Financial Regulator and I will write to the Deputy when I have...

Written Answers — Tax Code: Tax Code (31 Mar 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that jobseekers benefit payable to a casual or part-time worker is chargeable to income tax. The amount chargeable is the aggregate of the amount payable to that individual for one or more days in any income tax week less the first €13 of the aggregate of the amount payable in any income tax week, and any amount payable in respect of a qualifying...

Banking System: Statements (1 Apr 2010)

Brian Lenihan Jnr: I understood this was to be a questions and answers rather than a reply session. There is another five minutes available for questions.

Banking System: Statements (1 Apr 2010)

Brian Lenihan Jnr: There is no such European Union decision, Deputy. He will have to stop misrepresenting these matters all the time. It is fundamental and I will deal with other matters too.

Banking System: Statements (1 Apr 2010)

Brian Lenihan Jnr: There is no rejection by the European Union of any structural plan for Anglo Irish Bank.

Banking System: Statements (1 Apr 2010)

Brian Lenihan Jnr: It is hard to give information when it is stated on a premise of total inaccuracy.

Banking System: Statements (1 Apr 2010)

Brian Lenihan Jnr: I will deal with our relations with the European Union by way of reply. I spoke to the Commissioner on Tuesday morning and I am in a position to deal with the situation. Deputy Bruton is not in a position to draw inferences which are unwarranted.

Banking System: Statements (1 Apr 2010)

Brian Lenihan Jnr: On AIB, the Deputy is wrong again because the Minister——

Banking System: Statements (1 Apr 2010)

Brian Lenihan Jnr: I replied to this already in the House, on the record, and the Deputy has not taken note of the reply. I do not set AIB's period for determining when it submits its plan, rather, the regulator does. That is the whole point about Tuesday's announcement. We now have an independent regulator who lays down capital ratios. I do not interfere politically with that; that is not my function as...

Banking System: Statements (1 Apr 2010)

Brian Lenihan Jnr: ——about the appropriate shape of that bank. The only anxiety expressed to me by the European Commission on Tuesday about the announcements regarding Anglo Irish Bank was that we would be saying the same thing and would not create problems regarding the financial stability of Ireland. We are delighted to work with the European Commission regarding the structural plan for Anglo Irish Bank.

Banking System: Statements (1 Apr 2010)

Brian Lenihan Jnr: There is no in-depth inquiry.

Banking System: Statements (1 Apr 2010)

Brian Lenihan Jnr: There is detailed consultation taking place——

Banking System: Statements (1 Apr 2010)

Brian Lenihan Jnr: The Deputy has asked his question and I am entitled to answer.

Banking System: Statements (1 Apr 2010)

Brian Lenihan Jnr: We are working very closely with the Commission and when it makes inquiries it asks a question and we answer it. We have very close relations with the Commission.

Banking System: Statements (1 Apr 2010)

Brian Lenihan Jnr: The Deputy has often outlined that he has a plan——

Banking System: Statements (1 Apr 2010)

Brian Lenihan Jnr: ——which will save us money regarding Anglo Irish Bank. Give us the plan in writing. I would be delighted to have it evaluated——

Banking System: Statements (1 Apr 2010)

Brian Lenihan Jnr: I would be delighted to have my professional evaluators and advisors, the Department and the NTMA evaluate that plan and see whether it can save us any money.