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Written Answers — Department of Finance: Budget Targets (11 Oct 2016)

Noel Rock: 73. To ask the Minister for Finance if the forthcoming budget will take into account the potential impact of excise increases on consumer behaviour; if Exchequer projections factor in potential declines in consumption or an increase in cross-Border shopping; and if he will make a statement on the matter. [29305/16]

Written Answers — Department of Health: Medicinal Products Availability (11 Oct 2016)

Noel Rock: 366. To ask the Minister for Health his views on the regulation issued by the Health Products Regulatory Authority, HPRA, that medicine packs containing more than 720mg of pseudoephedrine will not be available without a prescription and that all pharmacy sales of all medicines containing pseudoephedrine will be limited to one pack per transaction; and if he will make a statement on the...

Written Answers — Department of Health: Medicinal Products Availability (11 Oct 2016)

Noel Rock: 367. To ask the Minister for Health if he will consider making more medications available over the counter rather than prescription based in an effort to lower medical costs; and if he will make a statement on the matter. [29293/16]

Written Answers — Department of Health: Medicinal Products (11 Oct 2016)

Noel Rock: 368. To ask the Minister for Health if he will consider a programme to educate the public regarding the importance of following the recommended dosage of medications on packets or from their general practitioner; and if he will make a statement on the matter. [29294/16]

Written Answers — Department of Education and Skills: Third Level Education (12 Oct 2016)

Noel Rock: 5. To ask the Minister for Education and Skills his views on the lack of third level graduates in software development; and if he will make a statement on the matter. [29915/16]

Written Answers — Department of Education and Skills: Third Level Education (12 Oct 2016)

Noel Rock: 10. To ask the Minister for Education and Skills his plans to attract students to third level education courses in software development; and if he will make a statement on the matter. [29914/16]

Written Answers — Department of Education and Skills: School Costs (25 Oct 2016)

Noel Rock: 203. To ask the Minister for Education and Skills if he will give consideration to free primary education by providing free school books, classroom resources, not imposing voluntary contribution fees or charging for the school transport scheme and increase capitation to schools as costed by a charity (details supplied) at €103 million; if his Department has available international...

Written Answers — Department of Health: Long-Term Illness Scheme Eligibility (25 Oct 2016)

Noel Rock: 409. To ask the Minister for Health his plans to remove the age limit for mental illness under the long-term illness scheme (details supplied). [31577/16]

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Noel Rock: One point the Comptroller and Auditor General has made seems to me to be of substance. I refer to the critical board minutes of December 2013 or January 2014 which state a bottom line of £1.3 billion. There seems to be no great analysis of how NAMA reached that figure. The Comptroller and Auditor General also made the point that the NAMA executives were not really red-line...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Noel Rock: That effectively sums it up. A professional disagreement is how Mr. Collison sees it. NAMA is right in terms of its conflict with the Comptroller and Auditor General. That is the nub of this, is it not? A lot of this is summed up by the statistics that Mr. Collison put forward in his opening statement such as "15% of Project Eagle debtors were graded as co-operating" as opposed to the...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Noel Rock: One of the things that stood out to me in looking at this is the row, if one likes, on whether a bundle of loans with a face value of £4.6 billion could have been so bad that they were sold for £1.32 billion or, if one likes, 29p on the pound. The figure the Comptroller and Auditor General says NAMA should have got is about 32.5p on the pound. It would have also been the case that...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Noel Rock: Am I right in saying, therefore, that this supports the case for somewhat different treatment? I have a technical question. The opening statement mentioned the percentage of Project Eagle debtors attracting a credit grading of either 3B or 3C being 76%. There is a reference on the next page to a credit grading for Northern Ireland debtors. I presume that was for all debtors in Project...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Noel Rock: That is much lower. The following question is for Mr. Rooney. Would NAMA have been conscious of currency risk during the sales process? For example, when the sale closed on 30 June 2014, the rate of exchange was about £1 to €1.25.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Noel Rock: Was it the case that NAMA needed euro to repay its borrowing at that point?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Noel Rock: That is fair enough. One can see the pressing reasons NAMA would have sold with speed. It is perhaps interesting to note on the record that had it been sold in September 2016 or indeed in June 2016, it would have reduced the level of loss quite substantially. The difference between the Comptroller and Auditor General's figure and NAMA's figure would have fallen to around €100...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Noel Rock: Given the expedited process and the fact that PIMCO had already had two months to examine top assets, did Mr. Collison think that this may have given PIMCO something of an advantage?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Noel Rock: To go back a little on that, PIMCO was unhappy about this potential opening up of the process.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Noel Rock: How did it express that to Mr. Collison?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Noel Rock: Did Mr. Collison feel under pressure from them to put it off-market?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)

Noel Rock: Nobody in the organisation gave them that impression.

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