Results 19,641-19,660 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Housing Issues (12 May 2015)

Michael Noonan: The Deputy will be aware that issues relating to the rental market and tenancy rights are for my colleague, the Minister for the Environment, Community & Local Government, Alan Kelly, TD.  I am informed by the Department of the Environment, Community & Local Government (DECLG), that in circumstances where a receiver is appointed to a landlord's interest in a...

Written Answers — Department of Finance: Parliamentary Questions (12 May 2015)

Michael Noonan: When the Deputy submitted the question in March 2012, it was originally for answer on Tuesday 3rd April 2012. Please note that this question was submitted prior to the electronic parliamentary question system coming into place. When the question was received by my officials, it was recorded in electronic format for answer on Tuesday 3rd April 2012. When Dáil...

Written Answers — Department of Finance: Living City Initiative (12 May 2015)

Michael Noonan: The Living City Initiative, which was enacted in the Finance Act 2013, has been extended beyond the original pilot cities of Limerick and Waterford, to include the cities of Dublin, Cork, Galway and Kilkenny as well. In line with my Department's commitment to evidence based policy-making, the inclusion of these additional four cities was as a result of...

Customs Bill 2014: Order for Report Stage (13 May 2015)

Michael Noonan: I move: "That Report Stage be taken now."

Customs Bill 2014: Report and Final Stages (13 May 2015)

Michael Noonan: I move amendment No. 1:In page 37, line 26, to delete “Commissioners” and substitute “Minister”.The Customs Bill 2014 was published on 3 October 2014. The purpose of the Bill is to consolidate, revise and modernise Ireland's existing national customs legislation, some of which dates back to the Customs Consolidation Act 1876. The Bill can thus be seen as another...

Written Answers — Department of Finance: Living City Initiative (13 May 2015)

Michael Noonan: The Deputy will be aware that the Living City Initiative, which was announced in Finance Act 2013, has been extended to now include the cities of Dublin, Cork, Galway and Kilkenny as well the original target cities of Limerick and Waterford. The inclusion of these four cities within the Initiative followed the results of a thorough independent ex ante cost benefit analysis. ...

Written Answers — Department of Finance: Vehicle Registration (13 May 2015)

Michael Noonan: I am advised by the Revenue Commissioners that section 135D(1) of the Finance Act 1992 provides for a number of verification checks that must be carried out on a vehicle prior to its exportation.  One of these checks is a physical examination to ensure that the vehicle is that which is declared for export and is generally in working order.  The examination is neither equivalent...

Written Answers — Department of Finance: Mortgage Arrears Proposals (13 May 2015)

Michael Noonan: I am informed by the Central Bank that some 114,674 principal dwelling home (PDH) mortgage accounts were classified as restructured at end-December.  Of these restructured accounts, 97,449 accounts (84.9%) were deemed to be meeting the terms of their current restructure arrangement. This means that the borrower is, at a minimum, meeting the agreed monthly repayments...

Written Answers — Department of Finance: Strategic Banking Corporation of Ireland (13 May 2015)

Michael Noonan: The Strategic Banking Corporation of Ireland (SBCI) was established in 2014 and has since signed funding deals, recruited staff, signed lending contracts with two banks and appointed a board of directors. Most importantly the SBCI commenced lending to businesses in the real economy through AIB and Bank of Ireland at the start of March 2015. SMEs have already begun to access SBCI funds to grow...

Written Answers — Department of Finance: Black Economy (13 May 2015)

Michael Noonan: My understanding of shadow economy (or black market) activity is that it is wide-ranging and it includes, not only illicit activity such as tobacco smuggling, oil laundering and counterfeiting, but also practices (much of which are facilitated within the cash economy) carried out by businesses such as suppressing sales and purchases, keeping cash payments 'off the books' and paying employees...

Written Answers — Department of Finance: Exchequer Deficit (13 May 2015)

Michael Noonan: I would point out that the Exchequer returns containing the information requested by the Deputy are available on my Department's website at the following link: However, the table below sets out the Exchequer Deficit, current receipts and current expenditure at end-April 2011 and at end-April 2015 respectively. Current Receipts, Current Expenditure and Exchequer Deficit: - End-April...

Written Answers — Department of Finance: Exchequer Deficit (13 May 2015)

Michael Noonan: I would point out that the Exchequer returns containing the information requested by the Deputy are available on my Department's website at the following link: The table below sets out the Exchequer Deficit, capital receipts and capital expenditure at end-April 2011 and at end-April 2015 respectively. Capital Receipts, Capital Expenditure and Exchequer Deficit: - End-April 2011...

Written Answers — Department of Finance: Exchequer Deficit (13 May 2015)

Michael Noonan: I would point out that the Exchequer returns containing the information requested by the Deputy are available on my Department's website at the following link: However, the tables below set out the position in terms of Exchequer Deficit and total tax revenues collected at end-April 2011 and at end-April 2015 respectively. Exchequer Deficit and Total Tax Revenue: - End-April 2011...

Written Answers — Department of Finance: Central Bank of Ireland Expenditure (13 May 2015)

Michael Noonan: As per the recently published Central Bank Annual Report 2014, the Central Bank outlines that in 2014 a total of 326 million banknotes were supplied by the Central Bank to the market, comprising 57 per cent new and 43 per cent re-issued banknotes. This was a 6 per cent reduction on the 345 million banknotes issued in 2013. Under the ECB pooled production arrangements, the Central...

Written Answers — Department of Finance: IBRC Operations (13 May 2015)

Michael Noonan: I propose to take Questions Nos. 71 and 72 together. The relationship framework in place between IBRC and the Minister for Finance recognised the separation of the Minister and the bank and limited the Minister's intervention in the conduct of bank business to that necessary to protect the public interest.   The bank Board retained full responsibility and authority for...

Written Answers — Department of Finance: Universal Social Charge Payments (13 May 2015)

Michael Noonan: I propose to take Questions Nos. 73 and 74 together. The 1.5% USC rate is applicable to the first €12,012 of an individual's income. Where an individual's total income for the year does not exceed €12,012, they are exempt from the Universal Social Charge (USC), thus there are no cases that only pay USC at the 1.5% rate. I am advised by the Revenue Commissioners that the...

Written Answers — Department of Finance: Consumer Protection (13 May 2015)

Michael Noonan: Borrowers whose loans are sold to unregulated entities will be protected by the Consumer Protection (Regulation of Credit Servicing Firms) Bill 2015 which is currently being drafted. The purpose of the Bill is to ensure that consumers retain the protections they had prior to the sale of their loan.  This Bill will require entities dealing with the consumer to be authorised by...

Written Answers — Department of Finance: Financial Services Regulation (13 May 2015)

Michael Noonan: I propose to take Questions Nos. 76 and 79 together. I am advised by the Central Bank that there are currently eleven payment institutions regulated by the Central Bank of Ireland in accordance with the European Communities (Payment Services) Regulations 2009, please see appendix 1 for further details. Furthermore, at the start of 2013 the Central Bank had three applications for authorisation...

Written Answers — Department of Finance: Property Tax Exemptions (13 May 2015)

Michael Noonan: I am advised by the Revenue Commissioners that they do not capture details in relation to the category of damage certified per each individual exemption application and they are not therefore in a position to provide the level of detail requested by the Deputy. Since the introduction of LPT, over 2,000 applications for pyrite exemption have been received by Revenue. The exemption can...

Written Answers — Department of Finance: Vehicle Registration (13 May 2015)

Michael Noonan: As the Deputy is aware, section 135D(4)(b) of the Finance Act 1992 currently provides that an administration charge of €500 is deducted from the amount of Vehicle Registration Tax (VRT) refunded upon the export of a passenger motor car under the VRT Export Repayment Scheme. The VRT Export Repayment Scheme was introduced in the Finance Act 2012 to provide for a repayment of VRT...