Results 13,701-13,720 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Tax Code: Tax Code (13 May 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the relevant information available on numbers of claimants who claimed income tax relief for a deduction for interest on borrowings to be offset against rental income assessable under Case V, Schedule D is based on personal income tax returns filed to date by non-PAYE taxpayers for the year 2008, the latest year for which this information is...

Written Answers — Social Partnership: Social Partnership (13 May 2010)

Brian Lenihan Jnr: The negotiation of the draft Public Service Pay Agreement was facilitated by Kieran Mulvey and Kevin Foley, drawing on the resources of the Labour Relations Commission. Costs incurred by the Labour Relations Commission are a matter for the Commission itself and I have no operational role in the matter.

Written Answers — Credit Union Movement: Credit Union Movement (13 May 2010)

Brian Lenihan Jnr: The Deputy will be aware that in February this year I announced the establishment of an Expert Group on Mortgage Arrears and Personal Debt, under the Chairmanship of Mr. Hugh Cooney, an insolvency accountant with KPMG. The membership of the Expert Group is as follows: Mr. Matthew Elderfield Financial Regulator Dr. David Duffy ESRI Mr. Pat Farrell Irish Banking Federation (IBF) Mr. Tom...

Written Answers — Departmental Staff: Departmental Staff (13 May 2010)

Brian Lenihan Jnr: My salary cost, taking into account both my salary as Minister and a T.D., is €191,417 per annum. There are two officers of my Department who are in the category referred to by the Deputy. The Secretary General of my Department is paid €228,466. The Secretary General, Public Service Management and Development is paid €215,590. In relation to agencies under the aegis of my Department,...

Written Answers — National Pensions Reserve Fund: National Pensions Reserve Fund (13 May 2010)

Brian Lenihan Jnr: The Pension Funds of the following Bodies listed in Schedule 1 of the Financial Measures (Miscellaneous Provisions) Act 2009 were transferred to the National Pensions Reserve Fund (NPRF) on 31 December 2009 : University of Dublin Trinity College; National University of Ireland, Maynooth; Forfás (Industrial Development Authority Superannuation Fund and Irish Goods Council Pension Fund);...

Euro Area Loan Facility Bill 2010: Order for Second Stage (18 May 2010)

Brian Lenihan Jnr: I move: "That Second Stage be taken now."

Euro Area Loan Facility Bill 2010: Second Stage (18 May 2010)

Brian Lenihan Jnr: I move: "That the Bill be now read a Second Time." The Bill before Members today will enable Ireland to play its part along with all other euro area countries in providing financial support to Greece. Our assistance, in the form of repayable loans, will be channelled centrally through the European Commission as part of an agreed euro area package, together with the International Monetary...

Euro Area Loan Facility Bill 2010: Second Stage (18 May 2010)

Brian Lenihan Jnr: We were within the requirements of the Stability and Growth Pact.

Euro Area Loan Facility Bill 2010: Second Stage (18 May 2010)

Brian Lenihan Jnr: I cannot fully brief the Deputy because I do not yet have a final text but I will do so as soon as I obtain it.

Euro Area Loan Facility Bill 2010: Second Stage (18 May 2010)

Brian Lenihan Jnr: Yes. It should be remembered that we lived within the terms of the Stability and Growth Pact, which proves its inadequacy.

Euro Area Loan Facility Bill 2010: Second Stage (18 May 2010)

Brian Lenihan Jnr: I am pleased the Deputy did not refer to our local Icarus.

Written Answers — Banking Sector Regulation: Banking Sector Regulation (18 May 2010)

Brian Lenihan Jnr: Most aspects of banking regulation are governed by the relevant EU directives, in particular the Capital Requirements Directive (CRD), which implements the Basel II capital adequacy framework in the European Union. A wide-ranging programme of reform has been mandated at international level by the G20, arising from analysis which highlighted areas where the existing Basel II framework was...

Written Answers — Official Engagements: Official Engagements (18 May 2010)

Brian Lenihan Jnr: I had a courtesy call with the representatives of the International Monetary Fund during their Article IV mission on Wednesday 29th April 2009 from 10.30 a.m. to 11 a.m. There was no Article IV mission to Ireland during 2008. The Minister for Finance had a courtesy call with the IMF during their Article IV mission on Wednesday 20th June 2007 from 5.30 p.m. to 6 p.m. The Minister of State at...

Written Answers — State Banking Sector: State Banking Sector (18 May 2010)

Brian Lenihan Jnr: The restriction on lending was a condition of the EU Commission approval for the provision of capital to Anglo Irish Bank. The purpose of the State aid restriction on new lending is to reduce the balance sheet and the risk weighted assets of the bank. The Deputy will be aware that Subscription agreements are normally confidential documents. However, since much of the detail of the specific...

Written Answers — Tax Yield: Tax Yield (18 May 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the relevant information available on the amount of tax forgone in relation to hotel capital allowances is based on personal income tax returns filed by non-PAYE taxpayers and corporation tax returns filed by companies for the years 2004 to 2008, the latest year for which this information is available. The relevant figures alongside the figures...

Written Answers — Pension Provisions: Pension Provisions (18 May 2010)

Brian Lenihan Jnr: The National Pensions Reserve Fund (NPRF) was established on 2 April 2001 with the objective of meeting as much as possible of the cost to the Exchequer of social welfare pensions and public service pensions to be paid from the year 2025 until at least 2055. No withdrawals have been made from the Fund. The Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Act 2009...

Written Answers — Health Insurance Providers: Health Insurance Providers (18 May 2010)

Brian Lenihan Jnr: I propose to answer Questions Nos.168, 169 and 189 together. The Financial Regulator has informed me that the solvency margin calculation set out under the EC Directives determines the minimum acceptable requirement. In practice, in common with the Financial Regulator in Ireland, most EU supervisory authorities insist on solvency being maintained above this minimum requirement, as this allows...

Written Answers — Motor Fuels: Motor Fuels (18 May 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that they are not in a position to provide a reliable estimate on the amount of revenue lost as a result of the illegal sale of laundered fuel, as there is no proven method for determining this figure. The following table illustrates Revenue's enforcement activity regarding laundered fuel over the last four years. Year No. Detections Laundered Fuel...

Written Answers — Civil Service Staff: Civil Service Staff (18 May 2010)

Brian Lenihan Jnr: The number of persons in terms of whole time equivalent who were employed in the civil service prior to the introduction of the moratorium on 27 March 2009 was 39,196. The number currently employed is 37,156 as at the end of March 2010. In relation to the Deputy's query regarding the target number at which point the moratorium on recruitment and promotion in the public service will end,...

Written Answers — Tax Code: Tax Code (18 May 2010)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the tax credits currently allocated to the person in question are in accordance with the information supplied by her to the Office of the Revenue Commissioners. If the taxpayer has any further queries she should contact her local Revenue Office on 1890 22 24 25.