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Seanad: Public Health (Alcohol) Bill 2015: Committee Stage (Resumed) (26 Oct 2016)

Paddy Burke: I would like to ask the Minister about children's clothing and footwear.A child is someone who is 18 years or under but some children are as big as 20 year olds. When one goes to the Kilkenny Shop, for instance, one will see a sweater or whatever with the Guinness emblem on it. At the airports there are shops that sell souvenirs, footwear and clothing. Some of those products are advertised...

Seanad: Public Health (Alcohol) Bill 2015: Committee Stage (Resumed) (26 Oct 2016)

Paddy Burke: The legislation is confusing when it comes to the size of clothing because a child who is under 18 years can be quite grown-up looking.

Seanad: Public Health (Alcohol) Bill 2015: Committee Stage (Resumed) (26 Oct 2016)

Paddy Burke: I welcome what the Minister of State has said. I would like to clarify an issue. Did I hear the Minister of State say the buck stops with the manufacturer? Is it the manufacturer who will be prosecuted?

Seanad: Public Health (Alcohol) Bill 2015: Committee Stage (Resumed) (26 Oct 2016)

Paddy Burke: If it is manufactured in the State, the manufacturer will be prosecuted, but are there no restrictions on-----

Seanad: Public Health (Alcohol) Bill 2015: Committee Stage (Resumed) (26 Oct 2016)

Paddy Burke: The problem is that some 17 year olds are as big as those who are 20 years of age. If a person aged from 15 years to 17 years goes into a shop and buys an item, where does the buck stop?

Seanad: Public Health (Alcohol) Bill 2015: Committee Stage (Resumed) (26 Oct 2016)

Paddy Burke: Will it be illegal to sell any clothing that is geared to-----

Seanad: Public Health (Alcohol) Bill 2015: Committee Stage (Resumed) (26 Oct 2016)

Paddy Burke: Will the retailer have to ask for proof of age when someone is buying a hat or a garment that displays a sign for Guinness, Heineken or other alcohol brands?

Seanad: Public Health (Alcohol) Bill 2015: Committee Stage (Resumed) (26 Oct 2016)

Paddy Burke: Does this apply at airports as well?

Seanad: Public Health (Alcohol) Bill 2015: Committee Stage (Resumed) (26 Oct 2016)

Paddy Burke: It will be the law.

Seanad: Order of Business (25 Oct 2016)

Paddy Burke: I am seeing clarification on the repeal of the eighth amendment.The Government said today that the Citizens' Assembly will report to an Oireachtas committee and that the Oireachtas committee will be set up by the Business Committee of the Dáil. Is there any representation from the Seanad on the Business Committee or do we have any say in that? Does it mean that the Business Committee...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: I have a question for the Minister.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: The Central Bank has advocated that switching loans is a better option. Switching banks costs money and it is unlike switching one's electricity bill. Who pays the piper? Is it the bank that pays? The Central Bank advocates switching. Is it the customer who pays? Will the bank pay the bill on a substantial mortgage as switching can cost a substantial amount?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: I welcome the Bill and congratulate Deputy Michael McGrath on bringing it forward. I do not subscribe to the view that there is more competition if there are more entrants to the market. I remember speaking on this very subject quite a number of years ago when there were new entrants in my home town, Castlebar, a small town. There were 14 places where one could borrow money and everything...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: I welcome Mr. Burgess, Mr. McNally and Mr. Goor. I think they have all confirmed what we have all been expressing over the past number of years and why legislation like this is needed. Mr. Burgess said that European banks' interest rates are far lower and that customers can get long-term loans in other European countries at much lower interest rates. How can those banks do that and Irish...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: Do the witnesses think the new entrants to the market will help reduce the Irish rates?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: The Minister said that the Bill would be carefully considered to ensure it complies with all EU laws and requirements but that section 5, which permits the Central Bank to impose a cap on the standard variable mortgage rate which applies to one lender but not to the market generally, could potentially be considered to enable competitive distortions in the market. Do the witnesses think the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: I will be very brief as I have already asked some questions. Does Mr. Burgess think the bonus culture has been completely removed from the banking sector? I presume people would have brought it to his attention.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: It would be factored in in the pricing of mortgages.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: Yes, but I just want to ask Mr. Burgess about his experience in dealing with mortgages. People with mortgages got into difficulty and the reason they were given them was the bonus culture in the banks.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: Were tracker mortgages always a loss leader?

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