Results 2,121-2,140 of 4,810 for speaker:Liam Twomey

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Liam Twomey: I would like to follow up on a point made by Senator O'Toole. It does not appear as though in the current economic climate the €1.4 billion private sector investment required to enable the Limerick regeneration project to get up and running will be forthcoming. The €1.65 billion to be provided from the public coffers is also under serious threat owing to budgetary problems. There will...

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Liam Twomey: I do not propose to move recommendations Nos. 12 and 13.

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Liam Twomey: I move recommendation No. 15: In page 76, subsection (1), between lines 22 and 23, to insert the following: "(e) by inserting the following after subsection (12): "(13) The provisions of this section shall apply to a sole trader in the same manner as they apply to a company.".". As the Minister of State is well aware, this was extensively discussed on Committee Stage in the Dáil. The...

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Liam Twomey: While I will not push this to a vote, the point is that we should not simply go drily through the Finance Bill. The Minister of State should consider how easy it is for someone to decide to walk out of his or her office. The Minister of State has professional training and I have a number of years experience in this area, so it would be different for us, but it is more difficult for many...

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Liam Twomey: Will the Minister of State explain the thinking behind section 52?

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Liam Twomey: The greatest rate of failure for any business whether a restaurant, a hairdresser or an IT company, is seen in the first two years. Anything that can be done to help companies come through the difficult patch at the beginning should be done. It is not a case of looking for another Iona Technologies but rather an attempt to develop 10,000 smaller companies, each with a small number of...

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Liam Twomey: Donie óg.

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Liam Twomey: I move recommendation No. 19: In page 102, subsection (1)(a)(i), to delete line 19. I raised this issue on Second Stage yesterday. The Minister gave some indication that he may be able to resolve this issue. I will wait to see what the Minister has to say but I believe there may be a solution to the matter.

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Liam Twomey: There are some things one must take on trust. I will withdraw the amendments because I believe the Minister is still actively negotiating on them. Recommendation, by leave, withdrawn. Section 65 agreed to. Sections 66 to 70, inclusive, agreed to. Recommendations Nos. 20 and 21 not moved. Section 71 agreed to. Sections 72 to 81, inclusive, agreed to. Recommendations No. 22 not moved. Section...

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Liam Twomey: In any case, the Minister has decided to make significant progress on the issue raised. Question put and agreed to. Sections 89 to 105, inclusive, agreed to. NEW SECTION.

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Liam Twomey: I move recommendation No. 24:

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Liam Twomey: I am sure the Minister has been made well aware of the issue. Recommendation, by leave, withdrawn. Section 106 agreed to. Recommendation No. 25 not moved. Section 107 agreed to. Sections 108 to 111, inclusive, agreed to.

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Liam Twomey: While it may be outside the scope of the Bill, a quarterly report on residential property prices would be useful. Does the Minister agree?

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Liam Twomey: There is a need for some Oireachtas oversight of NAMA's work. It has been described as a socialist solution to a capitalist problem, which has now the added Stalinist desire for secrecy. When those moving properties to it are having a jolly good time, there is a sense in Government circles that discussion about NAMA raises the ire of taxpayers. For the job to be completed properly, with...

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Liam Twomey: I shall be tabling a Report Stage recommendation in this section. Question put and agreed to. Sections 151 and 152 agreed to. SECTION 153. Recommendation No. 37 not moved. Section 153 agreed to. NEW SECTION.

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Liam Twomey: I have a few questions about section 162. This is the first time I have heard of the capital service redemption account. Just looking at some of the figures for these annuities, is this the amount we are paying back on the national debt? Has that figure been increased from €350 million to €400 million per year? If that figure had to be changed it means we are paying back an additional...

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Liam Twomey: I shall follow it up afterwards. Question put and agreed to. Sections 163 to 165, inclusive, agreed to. Schedules 1 to 4, inclusive, agreed to. Title agreed to. Bill reported with recommendation.

Seanad: Finance Bill 2010 (Certified Money Bill): Report and Final Stages. (25 Mar 2010)

Liam Twomey: I move recommendation No. 2: In page 25, between lines 45 and 46, to insert the following: 21.—The Minister may, by regulations, and after consultation with the Minister for Health, introduce specific reliefs to help equip Primary Care Centres with appropriate diagnostic and treatment facilities where he is satisfied that they bring commensurate social benefits in the more effective...

Seanad: Finance Bill 2010 (Certified Money Bill): Report and Final Stages. (25 Mar 2010)

Liam Twomey: Since this recommendation will not be accepted by the Minister for Finance and the Minister of State has expressed the opinion that the Minister for Health and Children is responsible for the matter, we will seek a debate on the primary care sector. It is possible the gains made in the field may be lost.

Seanad: Finance Bill 2010 (Certified Money Bill): Report and Final Stages. (25 Mar 2010)

Liam Twomey: I second the recommendation.