Results 2,641-2,660 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Electoral Act: Electoral Act (1 Jun 2010)

Brian Lenihan Jnr: Payments to Political Parties are provided for in the Electoral Act 1997 as amended by the Electoral (Amendment) Act 2001. Payments are made quarterly in arrears. The following payments have been made in respect of the first quarter of 2010: Name of Party Quarterly amount in Euros Fianna Fáil 582,354.52 Fine Gael 393,729.09 Labour 165,889.17 Green Party 93,905.22 Sinn...

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (1 Jun 2010)

Brian Lenihan Jnr: Returns for the end of April were only submitted to the Financial Regulator on 28 May and are being analysed at present. The end of May figures are not yet available. As of the end March, liabilities guaranteed under the Covered Institutions (Financial Support) Scheme (CIFS) amounted to €130 billion while liabilities under the Eligible Liabilities Guarantee Scheme (ELG) amounted to €139...

Written Answers — Tax Code: Tax Code (1 Jun 2010)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the claim for repayment of income levy paid during the year 2009 has been processed and the repayment will issue very shortly. I am also advised that a claim in respect of interest paid on a credit union loan for home improvements has not been received in this case. The taxpayer should submit a certificate of the interest paid during the year...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (1 Jun 2010)

Brian Lenihan Jnr: The objective of the administration of the company in question is to support the operation of the business on a going concern basis and to return it to a sound and commercial financial footing in order to safeguard the interests of all policyholders. My Department has been in touch with the UK Treasury and has provided them with confirmation that the Government would ensure that no...

Written Answers — Departmental Expenditure: Departmental Expenditure (1 Jun 2010)

Brian Lenihan Jnr: My Department, in addition to paying Finance staff, provides a shared payroll service for a number of Government Department/Offices. The details sought by the Deputy are provided in the following table. The figures quoted represent total costs for the shared services for the following Departments/Offices - Office of the Chief State Solicitor, Office of the Director of Public Prosecutions,...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (1 Jun 2010)

Brian Lenihan Jnr: Under the Relationship Framework the Board of the bank must obtain the prior approval of the Minister for any Board appointments it proposes. In this instance the Board recommended the appointment of the individual referred to in the Deputy's question, and submitted his name including details of his background, for approval. Further the Deputy will be aware that as a regulated entity, all...

Written Answers — Tax Yield: Tax Yield (1 Jun 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the data available on the amounts of Excise, VAT and the Carbon Charge for the period January to April 2010, in respect of petrol and auto-diesel is set out in the tables. It should be noted that the carbon charge in respect of petrol and auto-diesel is payable in the month after it is released for consumption so each of the monthly figures for...

Written Answers — Tax Yield: Tax Yield (1 Jun 2010)

Brian Lenihan Jnr: I propose to take Question Nos. 167 and 168 together. The taxes applying to auto-diesel and petrol are Excise, VAT and the new carbon charge. I am informed by the Revenue Commissioners that the percentage tax take on a motorist who spends €50 on diesel is 53.3%. This percentage is based on a sample price of €1.249 per litre. The percentage tax take on a motorist who spends €50 on...

Written Answers — Tax Yield: Tax Yield (1 Jun 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 169 and 171 together. I am informed by the Revenue Commissioners that the tax take on a litre of auto-diesel and petrol selling at the stated prices is as follows: Commodity Price per Litre Excise & Carbon Content VAT Content Total Tax Content 1 Litre (Cent) (Cent) (Cent) (Cent) Auto-diesel 100 44.918 17.36 62.27 105 44.918 18.22 63.14 110 44.918 19.09...

Written Answers — Freedom of Information: Freedom of Information (1 Jun 2010)

Brian Lenihan Jnr: Under section 46 of the FOI Act, the Act does not apply to records relating to an investigation or examination carried out by the Ombudsman under the Ombudsman Act, 1980 other than a record that was created before the commencement of such an investigation or examination, together with any administrative records of the Office Ombudsman which are also covered by FOI. I do not have any plans to...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (1 Jun 2010)

Brian Lenihan Jnr: The Financial Regulator has identified the recapitalisation requirement of EBS at €875 million to enable it to meet its regulatory capital requirements. A total of €100m of capital was provided on 27 May 2010 in return for the issue to the Minister of special investment shares (SIS) in the society. The remaining capital requirement of €775 million may be reduced through a liability...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (1 Jun 2010)

Brian Lenihan Jnr: Certain concerns were raised in regard to credit flowing to small businesses arising from the Mazars reports and other sources. Given the key strategic importance of small business to the economy, not least in terms of the numbers employed in the sector, a credit appeal mechanism in the form of an independent Credit Review Office was established in the December 2009 budget. This was a...

Written Answers — Public Procurement: Public Procurement (1 Jun 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 175 and 176 together. The EU procurement directives provide that public contracts for supplies and services above certain thresholds must be advertised EU-wide and awarded to the most competitive tender in an open and objective process. The thresholds are currently €125,000 for the Central Government sector and €193,000 for most other authorities. The...

Written Answers — Labour Court Recommendations: Labour Court Recommendations (1 Jun 2010)

Brian Lenihan Jnr: As the Deputy is aware, the Labour Court has now responded to my Department's request for clarification of its recommendation in this case. This clarification was received on Thursday 27 May and confirmed that, in the Court's view, exceptional or special circumstances applied in this case. In light of this, my Department has now issued the necessary approval to implement the Court's...

Written Answers — National Asset Management Agency: National Asset Management Agency (1 Jun 2010)

Brian Lenihan Jnr: NAMA is required, under the National Asset Management Agency Act 2009, to make quarterly reports to the Minister for Finance. The first quarterly report, for the period ending 31 March 2010, is to be submitted to me on or before 30 June 2010. Section 55 (6) of the Act sets out the information to be included in each quarterly report. On receipt, it will be laid before each House of the...

Written Answers — National Asset Management Agency: National Asset Management Agency (1 Jun 2010)

Brian Lenihan Jnr: In accordance with section 35 of the National Asset Management Agency Act 2009, NAMA, within three months of its establishment, submitted codes of practice for my approval on the conduct of officers of NAMA, servicing standards for acquired bank assets, risk management, disposal of bank assets and the manner in which NAMA is to take account of the commercial interests of credit institutions...

Written Answers — National Asset Management Agency: National Asset Management Agency (1 Jun 2010)

Brian Lenihan Jnr: I am advised by NAMA that it expects to acquire the remaining loans from the participating institutions by the end of February 2011 at the latest. Officials of my Department are working in close co-operation with NAMA and I am informed that the transfer process is on track to meet this deadline. I have not personally met with the Chairman or Chief Executive Officer of NAMA to discuss this...

Written Answers — Tax Code: Tax Code (1 Jun 2010)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that they are aware of the recent Supreme Court decision involving the leasing of the premises in Dublin known as the National Aquatic Centre. However, in keeping with the obligation on them to respect the right of all persons to have their tax affairs dealt with in confidence, the Commissioners are unable to comment on the tax affairs of any of the...

Written Answers — Tax Code: Tax Code (1 Jun 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that administrative arrangements are currently being put in place in connection with the implementation of the Domicile Levy. The Domicile Levy is charged on an individual - who in any year is Irish domiciled and an Irish citizen, - whose worldwide income in the year exceeds €1m, - whose Irish located property in the year is greater than €5m,...

Written Answers — Sale of Assets: Sale of Assets (1 Jun 2010)

Brian Lenihan Jnr: The management of assets by Bank of Ireland, including the holding or display of artworks, is a matter for the Board of the Bank. I understand that the Bank's art collection dates back to the early 1970's and its primary purpose was to support emerging Irish artists rather than to create a corporate collection per se. Many of the important works have already been donated by the Bank to the...