Results 20,841-20,860 of 21,047 for speaker:Alan Kelly

Seanad: Order of Business (21 Oct 2008)

Alan Kelly: I ask the Leader to arrange a debate on this issue in the near future. This sector must be examined carefully, particularly in view of how the Minister has treated it in the budget.

Seanad: Budget Statement 2009: Statements (15 Oct 2008)

Alan Kelly: I hope I do not follow the last speaker's slightly patronising tone. This budget will be the Waterloo for this Government and for this generation of Fianna Fáil. For the past couple of months, the people of this country were led up the garden path into believing this Government would deliver a tough but fair budget. Their understanding was that this Minister for Finance was different from...

Seanad: Budget Statement 2009: Statements (15 Oct 2008)

Alan Kelly: The Labour Party is the oldest party in the State.

Seanad: Order of Business (8 Oct 2008)

Alan Kelly: I agree we need a statement from the Minister for Finance as it is pertinent after the events of last week. I concur with my colleague, Senator Alex White, who summed up the situation very well. We are now in no-man's land and until the Minister clarifies where we are going, we are at a loss. In reply to Senators Hanafin and O'Malley, the Labour Party is very happy with its position on this...

Seanad: Order of Business (8 Oct 2008)

Alan Kelly: I agree wholeheartedly with people across the House who have raised the issue of the Morris tribunal. It is a very good report but unfortunately overshadowed by something which in my view is fundamentally wrong. The way in which these two former Members of this House were treated in the report is quite worrying. All Members receive information from time to time. If such information is of...

Seanad: Order of Business (7 Oct 2008)

Alan Kelly: I agree with the Senators who requested a discussion on the decentralisation programme. While in Clonakilty in west Cork recently, I saw the fine new premises that has been put up for BIM and the wanton waste in that the volume of staff moving into it will be only a fraction of its total employment. It raises questions about the entire programme, which was put in place for the benefactors...

Seanad: Order of Business (7 Oct 2008)

Alan Kelly: It is a disgrace. If the Minister is to address aspects of the national development plan next week, he must address that. I agree with Senators who have requested a debate on unemployment. It has been raised by a couple of Senators already today. Aer Lingus has in the past two days again given the two fingers to the Irish people who made that company and who created the circumstances by...

Seanad: Order of Business (7 Oct 2008)

Alan Kelly: It is disgraceful that he will not say why he cannot use some of the assets to leverage against the cost-cutting that he wants to put in place and that he has indicated that even with the changes in the fuel prices, he will not change his mind on the volume of redundancies he seeks. The management at Aer Lingus has done it again. It has acted in this way since the company was privatised. It...

Seanad: Credit Institutions (Financial Support) Bill 2008: Committee Stage. (1 Oct 2008)

Alan Kelly: I move amendment No. 13: In page 3, subsection (4), lines 16 and 17, to delete "or other". This relates to section 6(4), which states: "Financial support may be provided under this section in a form and manner determined by the Minister and on such commercial or other terms and conditions as the Minister thinks fit." The Labour Party amendment seeks to withdraw the word "other" or, at the...

Seanad: Credit Institutions (Financial Support) Bill 2008: Committee Stage. (1 Oct 2008)

Alan Kelly: No.

Seanad: Credit Institutions (Financial Support) Bill 2008: Committee Stage. (1 Oct 2008)

Alan Kelly: I move amendment No. 16: In page 3, between lines 22 and 23, to insert the following new subsection: "(5) In making a scheme under subsection (4) the Minister may require any specified credit institution to make particular provision to meet the credit requirements of persons on low incomes, and he shall consult with the Money Advice and Budgeting Service in this regard.". In this section we...

Seanad: Credit Institutions (Financial Support) Bill 2008: Committee Stage. (1 Oct 2008)

Alan Kelly: I move amendment No. 22: In page 3, between lines 29 and 30 to insert the following new subsection: "(6) It shall be a condition of an application under this section that an applicant shall agree that in the event of financial support under this Act being availed of from State resources, the applicant (if a limited company) shall issue shares to the Minister for Finance to a value equivalent...

Seanad: Credit Institutions (Financial Support) Bill 2008: Committee Stage. (1 Oct 2008)

Alan Kelly: I move amendment No. 23: In page 3, between lines 29 and 39 to insert the following new subsection: "(6) No guarantee under this section shall apply to any business acquired by an applicant after the date of passing of this Act unless the Minister for Finance so directs, or to any liability of a bank acquired on the basis of an interest rate that differed more than one per cent from the...

Seanad: Credit Institutions (Financial Support) Bill 2008: Committee Stage. (1 Oct 2008)

Alan Kelly: I move amendment No. 26: In page 4, subsection (15), line 39 to delete "2009 and each year" and substitute "October 2008 and each month". This relates to subsection (15), which states: As soon as practicable after the end of 2009 and each year thereafter, the Minister shall lay a report before each House of the Oireachtas for the purpose of informing the members of each House on the situation...

Seanad: Credit Institutions (Financial Support) Bill 2008: Committee Stage. (1 Oct 2008)

Alan Kelly: I would like to be associated with comments expressed by the previous two speakers. I thank the staff of the House and everyone concerned for working so late. I thank the Minister for his dedication and his departmental colleagues for their work. I wish the Minister all the best with the passing of this Bill. It is not a measure with which we wholeheartedly agreed and we ended up voting...

Seanad: Credit Institutions (Financial Support) Bill 2008: Committee Stage. (1 Oct 2008)

Alan Kelly: I move amendment No. 3: In page 1, before section 2, to insert the following new section: "1.—A committee of the National Treasury Management Agency consisting of the chairperson and chief executive of the Agency shall be established to review the remuneration of board members and senior officers and employees of institutions participating in a scheme or arrangement under this Act and shall...

Seanad: Credit Institutions (Financial Support) Bill 2008: Committee Stage. (1 Oct 2008)

Alan Kelly: I move amendment No. 7: In page 2, subsection (3)(a), lines 29 and 30, to delete "any other Minister of the Government" and substitute the following: "the Joint Oireachtas Committee on Finance and the Public Service and any other person or body". The Minister is given specific powers in section 5 that during the two-year period he can make regulations he feels necessary and expedite them in...

Seanad: Credit Institutions (Financial Support) Bill 2008: Committee Stage. (1 Oct 2008)

Alan Kelly: I move amendment No. 11: In page 3, between lines 8 and 9, to insert the following subsection: "(2) There shall be an oversight board consisting of 3 persons appointed by the Public Accounts Committee of Dail Eireann being persons of international financial expertise and repute, which shall report every 6 months to that Committee on the operation of this Act.". This amendment proposes the...

Seanad: Credit Institutions (Financial Support) Bill 2008: Committee Stage. (1 Oct 2008)

Alan Kelly: I move amendment No. 1: In page 1, before section 1, to insert the following new section: "1.—This Act (other than section 7) shall not come into operation until the Minister has published and laid before each House of the Oireachtas for its approval full particulars of the terms and conditions under section 6(4) including the terms and conditions of any scheme." The Minister will be aware,...

Seanad: Credit Institutions (Financial Support) Bill 2008: Committee Stage. (1 Oct 2008)

Alan Kelly: I move amendment No. 2: In page 1, before section 2, to insert the following new section: "2.—It shall be a condition of an application under this Act for financial support that an applicant shall agree not to offer to any of its officers or employees any share options during the currency of financial support and to limit the gross annual earnings of any of its officers or employees to not...