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Written Answers — Department of Public Expenditure and Reform: Garda Station Closures (5 Feb 2013)

Brian Hayes: The Commissioners of Public Works hold Lauragh Garda Station under a long lease. The Commissioners of Public Works are working with the office of the Chief State Solicitor to address some legal issues arising from the closure of the Garda Station. The Office of Public Works is currently assessing the property options arising in respect of all the recently closed Garda Stations, including...

Written Answers — Department of Public Expenditure and Reform: Capital Expenditure Programme (5 Feb 2013)

Brian Hayes: A breakdown of capital expenditure on the OPW Vote for 2012 including December is below: F.S. Description / Subhead January to November Expenditure € December Expenditure € 2012 Total Expenditure € 15 C.4 Grant Zoological (C1) 278,000 122,000 400,000 16 C.5 Grants for Refurbishment (C2) 191,750 58,250 250,000 20 C.6 Purchase of Sites & Bldgs (D)...

Written Answers — Department of Public Expenditure and Reform: Capital Expenditure Programme (5 Feb 2013)

Brian Hayes: Over €70m of the OPW’s €101m Capital allocation in 2013 will go towards construction projects. The estimated distribution of the capital allocation is as follows. VOTE 13 Capital Estimates 2013 VOTE 13 2013 Allocation Comment Flood Risk A3 Purchase of Machinery 500 Not Construction A5 Flood Risk Management 44,500 to include construction works at ...

Written Answers — Department of Public Expenditure and Reform: Insurance Coverage (5 Feb 2013)

Brian Hayes: I am well aware of the difficulties some people have been experiencing in securing insurance cover for flood risk at affordable prices or at all. Homeowners experiencing difficulties can contact the Irish Insurance Federation free Insurance Information Service. Their service can be contacted at (01) 676 1914 or by email at iis@iif.ie. If they need to pursue the matter further they can...

Written Answers — Department of Public Expenditure and Reform: Insurance Coverage (5 Feb 2013)

Brian Hayes: As I advised the Deputy in October 2012 I am conscious of the difficulties some people have been experiencing in securing insurance cover for flood risk at affordable prices or at all. I have been pressing the Irish Insurance Federation for agreement on a sustainable system of information sharing particularly for locations vulnerable to flooding and for identifying flood alleviation schemes...

Written Answers — Department of Public Expenditure and Reform: Coastal Protection (30 Jan 2013)

Brian Hayes: I refer the Deputy to the reply to Question No. 217 of 11 December 2012. The position remains the same.

Written Answers — Department of Public Expenditure and Reform: Public Procurement (30 Jan 2013)

Brian Hayes: In July 2012, following a government decision to make eight of the National Procurement Service (NPS) contracts mandatory, the Department of Public Expenditure and Reform issued ‘Circular 06/12: Public Procurement (Framework Agreements)’. The purpose of this Circular is to inform public bodies of the mandatory requirement to utilise central contracts, put in place by the NPS,...

Written Answers — Department of Public Expenditure and Reform: Land Acquisitions (29 Jan 2013)

Brian Hayes: There has been no significant progress to date on the acceptance of the offer of donation of Annesgrove demesne lands and gardens to the State. However the offer continues to be under active consideration by the Commissioners of Public Works.

Written Answers — Department of Public Expenditure and Reform: Land Transfers (29 Jan 2013)

Brian Hayes: The conveyancing of the property at Derrynane from the Commissioners of Public Works to Kerry County Council has been a complex legal process. The key issue is establishing title documentation. I understand that the matter has progressed significantly in conjunction with the Chief State Solicitor’s Office and I am hopeful that the contracts can be concluded in the near future.

Written Answers — Department of Public Expenditure and Reform: Departmental Properties (29 Jan 2013)

Brian Hayes: The property in question forms part of the property portfolio currently utilised by the Department of Social Protection. I can confirm that the Department of Social Protection have no plans at this time to withdraw from the property. In the circumstances, the Commissioners of Public Works are not in a position to consider the sale or lease of the property.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Taxation Agreements: Motions (23 Jan 2013)

Brian Hayes: I understand we have to introduce domestic legislation first.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Taxation Agreements: Motions (23 Jan 2013)

Brian Hayes: How will they impact on the financial services industry?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Taxation Agreements: Motions (23 Jan 2013)

Brian Hayes: I will provide a carte blanche answer to that question that was given to me. The financial institutions impacted by FATCA include banks, insurance companies in respect of investment services, cash value insurance contracts but not including insurance policies such as health, motor or life, where the policy has no cash value, investment funds, stockbrokers and investment planners. The whole...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Taxation Agreements: Motions (23 Jan 2013)

Brian Hayes: Any account holder, corporate or individual.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Taxation Agreements: Motions (23 Jan 2013)

Brian Hayes: Yes. They will have to carry out a specific due diligence exercise to identify any clients who are US persons or otherwise and report annually on any payments of interest or dividends made to such persons. To answer the Deputy's question directly, the practical implications are exactly that.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Taxation Agreements: Motions (23 Jan 2013)

Brian Hayes: Yes. The same applies at the other side. The benefit from our side would be to follow the hot money if the money is there and the benefit from the US side would be to do exactly the same.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Taxation Agreements: Motions (23 Jan 2013)

Brian Hayes: The legislation will be part of the Finance Bill which will come before-----

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Taxation Agreements: Motions (23 Jan 2013)

Brian Hayes: I understand for all practical purposes it could be September 2015 by the time the whole operation will be in place.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Taxation Agreements: Motions (23 Jan 2013)

Brian Hayes: Yes.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Taxation Agreements: Motions (23 Jan 2013)

Brian Hayes: I thank the Chairman for giving me the opportunity to come before the select sub-committee. I thank members for being present on what is an important occasion. I know Deputy Michael McGrath knows - I am sure the Chairman and Deputy Simon Harris are also so aware - that in the course of his Budget Statement the Minister for Finance, Deputy Michael Noonan, referred to the agreement forged...

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