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Written Answers — Department of Foreign Affairs and Trade: Brexit Issues (29 Nov 2018)

Michael McGrath: 59. To ask the Minister for Finance if analysis has been undertaken by his Department or by the Central Bank on the possible impact the United Kingdom leaving the European Union will have on the legislation governing financial regulation, including consumer protection and the application of that regulation; the potential legislative changes that will be required to account for this impact;...

Written Answers — Department of Foreign Affairs and Trade: Brexit Issues (29 Nov 2018)

Michael McGrath: 60. To ask the Minister for Finance his plans to bring forward legislation that will add the United Kingdom of Great Britain and Northern Ireland to legislation governing financial regulation, including consumer protection in cases in which member states, member states of the European Union or in a EEA state are referred to; and if he will make a statement on the matter. [49882/18]

Written Answers — Department of Foreign Affairs and Trade: Carbon Tax Yield (29 Nov 2018)

Michael McGrath: 65. To ask the Minister for Finance the estimated yield of increasing the carbon tax by values (details supplied) by each carbon fuel type in tabular form; and if he will make a statement on the matter. [49948/18]

Written Answers — Department of Foreign Affairs and Trade: Carbon Tax Yield (29 Nov 2018)

Michael McGrath: 66. To ask the Minister for Finance the estimated yield per year of increasing the carbon tax incrementally from €20 per tonne to €100 per tonne over a five year period by each carbon fuel type in tabular form; and if he will make a statement on the matter. [49949/18]

Written Answers — Department of Foreign Affairs and Trade: Carbon Tax Yield (29 Nov 2018)

Michael McGrath: 67. To ask the Minister for Finance the estimated yield per year of increasing the carbon tax incrementally from €20 per tonne to €100 per tonne over a ten year period by each carbon fuel type in tabular form; and if he will make a statement on the matter. [49950/18]

Written Answers — Department of Foreign Affairs and Trade: EU Regulations (29 Nov 2018)

Michael McGrath: 69. To ask the Minister for Finance the way in which the €70,000 limit is calculated with regard to section 21(c)(iii) of the Finance Bill 2018 if a young farmer inherits a family farm worth €1 million; if the relief going towards the €70,000 limit would be €10,000 (1%), €60,000 (6%), or €50,000 (the difference between the two); if any part of a...

Written Answers — Department of Foreign Affairs and Trade: EU Regulations (29 Nov 2018)

Michael McGrath: 70. To ask the Minister for Finance when the €70,000 limit in section 21(c)(iii) of the Finance Bill 2018 begins to accumulate; if it applies to relief obtained from the enactment of the Bill or if it is retrospective in nature; if stamp duty relief received by a farmer that inherited land last year would count towards the €70,000 limit; and if he will make a statement on the...

Written Answers — Department of Foreign Affairs and Trade: EU Regulations (29 Nov 2018)

Michael McGrath: 71. To ask the Minister for Finance the rationale to impose limits as outlined in Article 18 of Commission Regulation (EU) No. 702/2014 of 25 June 2014; and if he will make a statement on the matter. [49969/18]

Written Answers — Department of Foreign Affairs and Trade: Revenue Documents Issuance (29 Nov 2018)

Michael McGrath: 72. To ask the Minister for Finance if there is guidance from the Revenue Commissioners or otherwise for the farming sector in relation to section 21 of the Finance Bill 2018; and if he will make a statement on the matter. [49970/18]

Written Answers — Department of Justice and Equality: Sex Offenders Notification Requirements (29 Nov 2018)

Michael McGrath: 100. To ask the Tánaiste and Minister for Justice and Equality the details of the Garda approach to monitoring persons that are on the register of sex offenders; the responsibilities of the person on the register to inform gardaí of their movements; the position in relation to concerns in the local community that a person on the register is living in their area; and if he will make...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (National Claims Information Database) Bill 2018: Committee Stage (29 Nov 2018)

Michael McGrath: To clarify, would the current wording, "Irish-based risk", encompass travel insurance for an incident that arises abroad?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (National Claims Information Database) Bill 2018: Committee Stage (29 Nov 2018)

Michael McGrath: In the context of the scope of the database, it will start with motor insurance claims. Relevant non-life insurance business is defined in section 3. How quickly can it be expanded to deal with other forms of non-life insurance, particularly employer liability and public liability?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (National Claims Information Database) Bill 2018: Committee Stage (29 Nov 2018)

Michael McGrath: Will the data from that ten-year look-back be brought into the database?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (National Claims Information Database) Bill 2018: Committee Stage (29 Nov 2018)

Michael McGrath: It will be included in the database.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (National Claims Information Database) Bill 2018: Committee Stage (29 Nov 2018)

Michael McGrath: Is that ten-year dataset available and in the format required to make its way into the database and be usable?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (National Claims Information Database) Bill 2018: Committee Stage (29 Nov 2018)

Michael McGrath: Why is the definition of direct negotiation limited to the formal type of negotiation involving legal representatives? Some people do their own negotiations with these firms. Is that captured elsewhere and, if so, where?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (National Claims Information Database) Bill 2018: Committee Stage (29 Nov 2018)

Michael McGrath: Section 8(6) provides that “The Bank shall, from time to time and at least once a year following the year in which this section is commenced, publish a report that relates to relevant non-life insurance business” for certain purposes. Is the output from the database to be a published report from the Central Bank rather than various stakeholders with real-time access to the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (National Claims Information Database) Bill 2018: Committee Stage (29 Nov 2018)

Michael McGrath: Is it for the purposes of the Department and policy makers?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (National Claims Information Database) Bill 2018: Committee Stage (29 Nov 2018)

Michael McGrath: Will the level of detail included in the report be determined by regulations?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (National Claims Information Database) Bill 2018: Committee Stage (29 Nov 2018)

Michael McGrath: In broad terms, I support this amendment as a number of caveats will remain in place. The change which requires a court to draw inferences is subject to the caveat that if there is a reasonable cause for the delay, the provision mandating the court to draw inferences does not apply. The implication of the court drawing inferences relates to costs, as set out in subsection 3(b)(i) and (ii),...

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