Results 19,901-19,920 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Tax Yield (9 Jun 2015)

Michael Noonan: I am informed by the Revenue Commissioners that the annual tax take from sectors to which Relevant Contracts Tax (RCT) is applicable (ie the 'Agriculture, forestry & fishing', 'Manufacturing' and 'Construction' sectors), in 2012 and 2013 (the latest year for which a sectoral breakdown is available) is €4,291 million and €4,104 million respectively. I am also advised by...

Written Answers — Department of Finance: Stability and Growth Pact (9 Jun 2015)

Michael Noonan: The Fiscal Assessment Report published by the Council last week, the eighth such report since its inception in 2011, is being considered by my officials. As with all their reports to date, the Fiscal Council has asserted its independence and produced some interesting pieces of analysis, not all of which I agree with.  As is normal, a comprehensive response to all of the pertinent...

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (9 Jun 2015)

Michael Noonan: The Drivers and Passengers with Disabilities (Tax Concessions) Scheme provides relief from VAT and VRT (up to a certain limit) on the purchase of an adapted car for transport of a person with specific severe and permanent physical disabilities, assistance with fuel costs, and an exemption from Motor Tax. As the Deputy will be aware, to qualify for the Scheme, an applicant must...

Written Answers — Department of Finance: Home Renovation Incentive Scheme (9 Jun 2015)

Michael Noonan: As the Deputy is aware, the Home Renovation Incentive (HRI) was introduced in Budget 2014 and will run until the end of December this year. The incentive provides tax relief for homeowners by way of a tax credit at 13.5% of qualifying expenditure incurred on repair, renovation or improvement work carried out on a principal private residence. In Budget 2015 I extended the scheme...

Written Answers — Department of Finance: Transatlantic Trade and Investment Partnership (9 Jun 2015)

Michael Noonan: The TTIP are negotiations between the US and the EU and, as the Deputy may be aware, on a domestic basis, our input is being led by the Minister for Jobs, Enterprise and Innovation and his department. My department contributes to the inter-departmental working group and has attended events and workshops organised by DJEI. To-date, the TTIP discussions have been...

Written Answers — Department of Finance: IBRC Liquidation (9 Jun 2015)

Michael Noonan: The Special Liquidators have an ongoing obligation to protect customer information and other information of IBRC and to prevent its unauthorised dissemination or use. I am informed that the Special Liquidators are following a definite line of inquiry concerning the removal of documents and the leaking of information about a specific customer account from IBRC. The Special Liquidators have...

Written Answers — Department of Finance: IBRC Loans (9 Jun 2015)

Michael Noonan: As announced last week, the transaction review which the Special Liquidators were directed to conduct has been replaced with a Commission of Investigation, therefore the question posed by the Deputy is no longer applicable. A draft terms of reference for the Commission of Investigation were made available on the Department of Finance website at . I have also invited and received...

Written Answers — Department of Finance: IBRC Loans (9 Jun 2015)

Michael Noonan: The Special Liquidators are in the process of compiling a response to this question which I will forward to the Deputy at the earliest opportunity. Given that IBRC is going through a liquidation process, the ability to collate and report information of this detail in such a short period of time is not as feasible as it would be for a bank that is not in wind-down. The Special...

Written Answers — Department of Finance: Consumer Protection (9 Jun 2015)

Michael Noonan: I propose to take Questions Nos. 357 and 359 together. The Central bank has informed me that under the Consumer Protection Code 2012 (CPC 2012) a regulated entity must ensure that in all its dealings with customers, and within the context of its authorisation, it ensures that any outsourced activity complies with the requirements of this Code (General Principle 2.10 CPC 2012). The...

Written Answers — Department of Finance: Commissions of Investigation (9 Jun 2015)

Michael Noonan: Commission of Investigation (Banking Sector). The Government established a Statutory Commission of Investigation into the Banking Sector, pursuant to Section 3 of the Commissions of Investigation Act, 2004 on 21st September, 2010. The Terms of Reference of that Commission of Investigation are set out in Article 3 of the Commission of Investigation (Banking Sector) Order 2010...

Written Answers — Department of Finance: Commissions of Investigation (9 Jun 2015)

Michael Noonan: There are no Reports outstanding from Commissions of Investigations established by my Department. The Government established a Statutory Commission of Investigation into the banking Sector, pursuant to Section 3 of the Commissions of Investigation Act, 2004 on 21st September, 2010. Mr. Peter Nyberg was appointed as the sole Member of the Commission of Investigation (Banking...

Written Answers — Department of Finance: Commissions of Investigation (9 Jun 2015)

Michael Noonan: No Commissions of Investigation have been established by my Department during the term of the current Dáil Éireann. As the Deputy will be aware it is proposed that a Commission of investigation will shortly be established to investigate certain transactions entered into by IBRC and related matters.

Draft Commission of Investigation (Certain matters concerning transactions entered into by IBRC) Order 2015: Motion (Resumed) (10 Jun 2015)

Michael Noonan: Fianna Fáil has not proposed an amendment on that. Its spokesperson has not moved one.

Draft Commission of Investigation (Certain matters concerning transactions entered into by IBRC) Order 2015: Motion (Resumed) (10 Jun 2015)

Michael Noonan: Tomorrow.

Draft Commission of Investigation (Certain matters concerning transactions entered into by IBRC) Order 2015: Motion (Resumed) (10 Jun 2015)

Michael Noonan: The correction of the Dáil record is not in the terms of reference.

Draft Commission of Investigation (Certain matters concerning transactions entered into by IBRC) Order 2015: Motion (Resumed) (10 Jun 2015)

Michael Noonan: I will ask the Minister for Transport, Tourism and Sport to send a briefing note on that matter to the Deputy.

Draft Commission of Investigation (Certain matters concerning transactions entered into by IBRC) Order 2015: Motion (Resumed) (10 Jun 2015)

Michael Noonan: I have the piece of paper.

Draft Commission of Investigation (Certain matters concerning transactions entered into by IBRC) Order 2015: Motion (Resumed) (10 Jun 2015)

Michael Noonan: I have the Deputy's article.

Draft Commission of Investigation (Certain matters concerning transactions entered into by IBRC) Order 2015: Motion (Resumed) (10 Jun 2015)

Michael Noonan: Before I make closing remarks, I would be grateful if the Leas-Cheann Comhairle could advise me as to how the amendments will be taken and at what point I will move the technical amendment.

Draft Commission of Investigation (Certain matters concerning transactions entered into by IBRC) Order 2015: Motion (Resumed) (10 Jun 2015)

Michael Noonan: I would like to thank all of the participants for their contributions during the course of this debate. The debate reflects the constructive consultation that we engaged in, and I am confident that the majority of the concerns around the terms of reference of the commission of investigation are already addressed in the revised terms of reference. Throughout the evening yesterday, and again...