Results 27,201-27,220 of 32,583 for speaker:Richard Bruton

Financial Services (Deposit Guarantee Scheme) Bill 2009 - Committee Stage (Resumed) and Remaining Stages (17 Jun 2009)

Richard Bruton: Section 4 contains the proposal whereby those that are covered will be required to maintain a deposit, the amount of which will be prescribed from time to time. There are criteria against which this judgment will be set out. Is it the intention that this system would be designed or seen as part of a tool for regulating behaviour? Will this be a way in which the Central Bank will flag a...

Financial Services (Deposit Guarantee Scheme) Bill 2009 - Committee Stage (Resumed) and Remaining Stages (17 Jun 2009)

Richard Bruton: I do not think the Minister responded to any of the issues I raised.

Financial Services (Deposit Guarantee Scheme) Bill 2009 - Committee Stage (Resumed) and Remaining Stages (17 Jun 2009)

Richard Bruton: That is a fair approach. People who are running tight operations should not find that they are being charged the same as people who are being more risky. The wider point I raised concerns the Minister's view that there is a risk that one of the problems inhibiting the availability of credit at the moment is that regulators are moving towards taking a fairly tight view of things. I could...

Financial Services (Deposit Guarantee Scheme) Bill 2009 - Committee Stage (Resumed) and Remaining Stages (17 Jun 2009)

Richard Bruton: I agree with the Minister's attempt to grope towards a fair balance. There is no doubt that the credit unions have had much lower loan to deposit ratios and would be less risky in that sense, so they should qualify for a lower percentage charge. I hope that when the Minister scrutinises the matter, he can come to that view. Like him, I have concerns that some credit unions may not be...

Financial Services (Deposit Guarantee Scheme) Bill 2009 - Committee Stage (Resumed) and Remaining Stages (17 Jun 2009)

Richard Bruton: I understand this is a technical amendment. However, section 8 provides for the Central Fund repaying the Central Bank within three months while the deposit fund makes up to the Central Fund this amount. How will this unfold? Will it become a premium charge against all the institutions, other than the one that failed or caused the payment to be made? Would it be a recoupment from that...

Financial Services (Deposit Guarantee Scheme) Bill 2009 - Committee Stage (Resumed) and Remaining Stages (17 Jun 2009)

Richard Bruton: The Minister may not be correct in claiming it is up to the Minister in the future. Section 8(3) states, "the Minister shall determine the period over which the payment required ... is to be made". It does not, however, state he or she can decide the rules at that point. The Minister does not have discretion in deciding how the share will be determined. I presume it will be the Central...

Financial Services (Deposit Guarantee Scheme) Bill 2009: Committee Stage (Resumed) (17 Jun 2009)

Richard Bruton: Did the Minister indicate-----

Financial Services (Deposit Guarantee Scheme) Bill 2009: Committee Stage (Resumed) (17 Jun 2009)

Richard Bruton: Could the Minister explain the significance of 31 December 2010 in this section?

Financial Services (Deposit Guarantee Scheme) Bill 2009: Committee Stage (Resumed) (17 Jun 2009)

Richard Bruton: Does that mean that from 2010 the coverage will diminish to some lower level?

Financial Services (Deposit Guarantee Scheme) Bill 2009 - Committee Stage (17 Jun 2009)

Richard Bruton: Can the Minister provide the House with the value of the eligible deposits that will be covered by this new regulation? Can he provide the value of other elements that were guaranteed in September, as well as the elements of the banks' liabilities that are not guaranteed? It would be useful to the House to have a tabular statement of all the deposits, such as the deposits covered by the...

Written Answers — Proposed Legislation: Proposed Legislation (16 Jun 2009)

Richard Bruton: Question 74: To ask the Tánaiste and Minister for Enterprise, Trade and Employment if she will change the law in order that separate accounts for Ireland would be produced by overseas multiples whose operations here exceed a certain minimum; and if she will make a statement on the matter. [23719/09]

Written Answers — Pension Provisions: Pension Provisions (16 Jun 2009)

Richard Bruton: Question 86: To ask the Minister for Finance his views on allowing owners and managers to tap into their own personal pension funds as security for loan to support the survival of their business through the present crisis. [23716/09]

Written Answers — Tax Code: Tax Code (16 Jun 2009)

Richard Bruton: Question 87: To ask the Minister for Finance if there has been a change in the practice of monthly collection of PAYE and PRSI by the Revenue Commissioners; and if this has implications for the timing of monthly flows into the Exchequer. [23717/09]

Written Answers — Tax Code: Tax Code (16 Jun 2009)

Richard Bruton: Question 88: To ask the Minister for Finance if she will make provision that married one income pensioners can arrange that they will be able to receive relief at source from the new levy if their income is less than €40,000 and not have to seek a refund at the end of the year. [23721/09]

Written Answers — Local Authority Procurement: Local Authority Procurement (16 Jun 2009)

Richard Bruton: Question 216: To ask the Minister for the Environment, Heritage and Local Government if local authorities are obliged to tender for legal services; and if he will make a statement on the matter. [23718/09]

Written Answers — Planning Issues: Planning Issues (16 Jun 2009)

Richard Bruton: Question 217: To ask the Minister for the Environment, Heritage and Local Government the legal obligation of a council to set an adequate bond in respect of a developer to be able to ensure the completion of an estate; and the options open to the council when an estate remains unfinished and the bond is inadequate. [23722/09]

Written Answers — Planning Issues: Planning Issues (16 Jun 2009)

Richard Bruton: Question 218: To ask the Minister for the Environment, Heritage and Local Government the responsibility in law of the Building Control Unit to act against a developer who fails to build to adequate standards; and the options open to councils to take enforcement action to deal with defects in one or a number of houses. [23723/09]

Financial Services (Deposit Guarantee Scheme) Bill 2009: Second Stage (16 Jun 2009)

Richard Bruton: I did not say on Titanic.

Financial Services (Deposit Guarantee Scheme) Bill 2009: Second Stage (16 Jun 2009)

Richard Bruton: Does the Minister know what the value of the deposits is?

Financial Services (Deposit Guarantee Scheme) Bill 2009: Second Stage (16 Jun 2009)

Richard Bruton: The Minister will not receive many bouquets for it.