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Other Questions: Mortgage Lending (4 Feb 2015)

Michael McGrath: This question relates to the new mortgage rules introduced by the Central Bank recently and seeks the views of the Minister on their impact on, in particular, non-first time buyers who will now be subject to a 20% deposit requirement in, at least, 85% of cases. What is the Minister's view of the impact of this onerous requirement on those seeking to trade up or move home by virtue of finding...

Ceisteanna - Questions - Priority Questions: Gambling Legislation (4 Feb 2015)

Michael McGrath: 4. To ask the Minister for Finance the reason for the delay in extending the 1% betting duty to online gambling; when the duty will be applied to bets placed online; the estimated amount that will be raised on an annual basis; and if he will make a statement on the matter. [4824/15]

Ceisteanna - Questions - Priority Questions: Gambling Legislation (4 Feb 2015)

Michael McGrath: This question relates to the ongoing delays in implementing the Betting (Amendment) Bill 2013, in particular, the 1% levy on online gambling. The continuing delays in implementing that levy are costing the State a lot of revenue. It is estimated that €5 billion of bets have been placed online over the past three years escaping the 1% levy, which has cost us approximately €50...

Ceisteanna - Questions - Priority Questions: Gambling Legislation (4 Feb 2015)

Michael McGrath: I thank the Minister for his reply. I am glad that this issue is finally progressing and I hope that we can get it over the line on this occasion. The extension of the 1% levy to online gambling was first provided for in the Finance Act 2011, subject to a licensing regime. Then there was a Betting (Amendment) Bill in 2012, as the Minister indicated, a subsequent one in 2013, and the...

Ceisteanna - Questions - Priority Questions: Gambling Legislation (4 Feb 2015)

Michael McGrath: Have the other issues, such as the prosecution and enforcement issues and the technical issues around the implementation of this levy on online gambling, been overcome by the Revenue and the Department? As far as the Minister is aware, will we be in a position once the Bill is enacted to commence the collection of this revenue? Fundamentally, that is the question we need answered. As...

Ceisteanna - Questions - Priority Questions: Debt Restructuring (4 Feb 2015)

Michael McGrath: That is the Labour Party.

Ceisteanna - Questions - Priority Questions: NAMA Operations (4 Feb 2015)

Michael McGrath: As the Minister knows, about 90% of what NAMA has sold has been bought by US private equity funds. Their intentions in the medium term for the assets they have acquired from NAMA remains to be seen. Will the Minister speak about reports that NAMA is preparing to sell €8 billion worth of loans? If such a large tranche is sold, the loans could be bought by foreign investors, which...

Ceisteanna - Questions - Priority Questions: NAMA Operations (4 Feb 2015)

Michael McGrath: 1. To ask the Minister for Finance when the National Asset Management Agency will wind up its operations; if he will provide an estimate of the financial outturn for the taxpayer from NAMA; if he envisages any further role for NAMA in the medium term beyond its current mandate; and if he will make a statement on the matter. [4823/15]

Ceisteanna - Questions - Priority Questions: NAMA Operations (4 Feb 2015)

Michael McGrath: The purpose of this question is to establish when the Minister expects the National Asset Management Agency, NAMA, to wind up its operations, the current estimate of the financial outturn from NAMA and whether he envisages any further role for NAMA beyond its current mandate and perhaps beyond its current expected lifespan.

Ceisteanna - Questions - Priority Questions: NAMA Operations (4 Feb 2015)

Michael McGrath: I welcome the fact that it appears that the contingent liability which the State is carrying in respect of NAMA will not now be required because it appears NAMA will at least break even and hopefully generate a surplus for the Exchequer over time. When, in the Minister's view, can we expect that NAMA will have concluded its operations? NAMA's chairperson indicated that it hopes to have...

Written Answers — Department of Finance: Corporation Tax Regime (4 Feb 2015)

Michael McGrath: 10. To ask the Minister for Finance the position regarding the formal investigation being undertaken by the European Commission into Ireland's corporation tax arrangements with a company (details supplied); if the Irish authorities have co-operated fully with the investigation; the investigation will be concluded; and if he will make a statement on the matter. [4669/15]

Written Answers — Department of Finance: Credit Unions Restructuring (4 Feb 2015)

Michael McGrath: 22. To ask the Minister for Finance if he is satisfied with the pace of restructuring in the credit union sector; his views that the lending restrictions are having a detrimental impact on the ability of credit unions to lend to their members; and if he will make a statement on the matter. [4672/15]

Written Answers — Department of Finance: NAMA Assets Sale (4 Feb 2015)

Michael McGrath: 27. To ask the Minister for Finance if he has had direct discussions with US private equity funds which have purchased circa. 90% of the assets sold by the National Asset Management Agency, with regard to their intentions for their investments in view of the important influence they now have on the Irish economy; and if he will make a statement on the matter. [4673/15]

Written Answers — Department of Finance: IBRC Liquidation (4 Feb 2015)

Michael McGrath: 38. To ask the Minister for Finance if he will provide an update in relation to the special liquidation of Irish Bank Resolution Corporation; when the special liquidation process will be fully completed; if he will provide an estimate, based on currently available information and any return to the State from the special liquidation; and if he will make a statement on the matter. [4671/15]

Written Answers — Department of Social Protection: Social Welfare Code (4 Feb 2015)

Michael McGrath: 48. To ask the Minister for Social Protection the position regarding self-employed persons who wish to employ their spouse and pay the normal class A PRSI; and if she will make a statement on the matter. [5144/15]

Written Answers — Department of Finance: Pensions Levy Yield (4 Feb 2015)

Michael McGrath: 53. To ask the Minister for Finance the final yield from the 0.75% pension fund levy in 2014; the way this compared to the projected yield at budget time; and if he will make a statement on the matter. [5059/15]

Written Answers — Department of Finance: NAMA Operations (4 Feb 2015)

Michael McGrath: 55. To ask the Minister for Finance if the National Asset Management Agency has a finder's fee arrangement in place with certain debtors who are in control of retail or office units for securing new tenants; if the agency provides any incentive to such debtors for identifying or securing new tenants for their vacant units; if so, the way this incentive works; the number of cases where such an...

Written Answers — Department of Jobs, Enterprise and Innovation: Industrial Relations (4 Feb 2015)

Michael McGrath: 73. To ask the Minister for Jobs, Enterprise and Innovation the options open to a person to ensure that a decision of the Rights Commissioner under the auspices of the Labour Relations Commissioner is enforced in respect of an award made by the Commissioner and which is not being honoured by the respondent in the case; and if he will make a statement on the matter. [5164/15]

Written Answers — Department of Children and Youth Affairs: Adoption Authority of Ireland (4 Feb 2015)

Michael McGrath: 98. To ask the Minister for Children and Youth Affairs the accountability and reporting obligations of the Adoption Authority of Ireland; and if he will make a statement on the matter. [5143/15]

Written Answers — Department of Children and Youth Affairs: Child Protection (4 Feb 2015)

Michael McGrath: 99. To ask the Minister for Children and Youth Affairs if he will arrange for a detailed response to be issued by the Health Service Executive to a letter sent to child protection services by a person (details supplied) in County Cork in November 2014 in view of the seriousness of the matters raised. [5136/15]

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