Results 27,641-27,660 of 35,894 for speaker:Pearse Doherty

Written Answers — Department of Finance: Mortgage Arrears Report Implementation (2 Jul 2014)

Pearse Doherty: 58. To ask the Minister for Finance if the sale of ICS loans to Dilosk Ltd. includes the entire ICS loan book; if it includes the entire mortgage platform; if the value of the total transfers from ICS will match the assessment of the value he gave Dáil Éireann during recent debates of €1 billion. [28608/14]

Written Answers — Department of Finance: Banking Sector (2 Jul 2014)

Pearse Doherty: 59. To ask the Minister for Finance the way the sale of ICS loans to Dilosk Ltd. will help create greater competition in the mortgage sector as the company itself states it has a particular focus on residential investment properties for buyers of family homes as opposed to buy to lets. [28609/14]

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Pearse Doherty: It is the intention of the NTMA to use PPS numbers with prize bonds. Will this happen without delay?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Pearse Doherty: It will be more difficult to buy prize bonds for one's nephew or niece. One will need his or her PPS number.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Pearse Doherty: There are two deletions in Part 2 of Schedule 2, the amendments to the Ombudsman Act 1980, which relate to the National Development Finance Agency and the National Pensions Reserve Fund Commission. Obviously, that is because both agencies will be dissolved as part of the legislation.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Pearse Doherty: My focus is on the amendments to the Ombudsman Act 1980. Can the Minister of State clarify which provisions are being affected?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Pearse Doherty: Is it that they are removed from recourse to the ombudsman?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Pearse Doherty: The agencies will cease to exist when the presidential seal is put on the legislation. The effect of the provision we are deleting was to give individuals recourse to the financial ombudsman. That was the reason for the Schedule in the first place. Is that not correct? Were these agencies exempted from the Ombudsman Act? Is it that they no longer need to be exempt as they are being dissolved?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Pearse Doherty: In relation to technical amendments on Report Stage, can we have the notes circulated?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Pearse Doherty: It would avoid us having to wait on the floor of the Dáil if we could have that before hand.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Pearse Doherty: On amendment No. 49, can we get a note on the sections affected by that table, Part 4, before Report Stage?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Pearse Doherty: Can the Minister of State elaborate on the amendments the Minister for Finance intends to bring before us on Report Stage?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Pearse Doherty: On the 4%, we do not want the Minister to be able to raid the fund for Exchequer spending, given that it is supposed to be an investment fund and is supposed to continue to generate income. As I mentioned earlier on the directed investment area, the Minister gives himself the power to invest the fund in its entirety in a bank, and yet there is a limitation on the percentage that can be drawn...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Pearse Doherty: What is the relationship there?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Pearse Doherty: At this late hour, I will accept a note on that.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Pearse Doherty: This is an issue that goes right through all of the other committees and agencies that are being dissolved. What is the position in relation to the personnel on the committees that the Bill would dissolve? By giving effect to the Bill, for example, dissolving the National Pensions Reserve Fund Commission, what is the position of the individuals who serve on the commission? Are they retained?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Pearse Doherty: We are cancelling their contracts, if that is the case.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Pearse Doherty: Are there termination payments that will accrue from this section in the Bill?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Pearse Doherty: When the board goes, therefore, they go with it.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Pearse Doherty: What of amendment No. 47? The Minister did not discuss it.