Results 29,281-29,300 of 34,778 for speaker:Seán Fleming
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (7 Nov 2013)
Seán Fleming: I am sure those rules were drawn up before this resolution process was drawn up.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (7 Nov 2013)
Seán Fleming: Mr. Carrigan can understand the concern that some people might have because they feel at least the ultimate damage to their depositors would be less knowing there is a resolution fund in place. I get his point. There is a question of moral hazard and that is subjective, and that is what the supervisory mechanism is there to ensure does not happen. That leads me on to my next question. ...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (7 Nov 2013)
Seán Fleming: They will have resolution responsibility but would they have any supervisory responsibility?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (7 Nov 2013)
Seán Fleming: The resolution fund.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (7 Nov 2013)
Seán Fleming: Only after the problem has occurred.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (7 Nov 2013)
Seán Fleming: We will essentially have two supervisory mechanisms in place, one carried out by the single supervisory mechanism and probably a lighter version carried out directly by the European Central Bank through its agent in each of the countries at a lighter level. Will there be heavy supervision and light supervision, depending on whether one is a significant institution?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Local Property Tax: Discussion with Revenue (7 Nov 2013)
Seán Fleming: I want to ask a supplementary question based on what Ms Feehily just said. She said that some of the service providers accept debit but not credit cards. The three service providers, as I understand it, are An Post, Payzone and Omnivend. Will Ms Feehily tell the public today, because I do not think many would know, which of the three service providers accept debit cards and which do not?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Local Property Tax: Discussion with Revenue (7 Nov 2013)
Seán Fleming: I understand the nodding of the head, but the person recording this might not.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Local Property Tax: Discussion with Revenue (7 Nov 2013)
Seán Fleming: Local authorities can increase the rate by 15%.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Local Property Tax: Discussion with Revenue (7 Nov 2013)
Seán Fleming: Yes, but there is provision in the legislation to increase it by 15% from next September, and this becomes effective in those counties or local authority areas from 1 January 2015.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Local Property Tax: Discussion with Revenue (7 Nov 2013)
Seán Fleming: People who are paying by direct debit, salary deduction or through deductions from social welfare payments will have an increased amount taken out of their account from January 2015-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Local Property Tax: Discussion with Revenue (7 Nov 2013)
Seán Fleming: There is a lot of talking going on.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Local Property Tax: Discussion with Revenue (7 Nov 2013)
Seán Fleming: I am making one net point. The logical consequence of the legislation is that when Revenue seeks payment by direct debit, people will think that they can pay one twelfth of their liability each month, but if the local authorities increase the total amount by 15%, the Revenue will be taking that extra money out of people's account by way of direct debit. Based on the legislation, the Revenue...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Local Property Tax: Discussion with Revenue (7 Nov 2013)
Seán Fleming: Ms Feehily will notify those people.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Local Property Tax: Discussion with Revenue (7 Nov 2013)
Seán Fleming: In accordance with the legislation.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Local Property Tax: Discussion with Revenue (7 Nov 2013)
Seán Fleming: I thank Ms Feehily and her colleagues. We have been given the breakdown regarding the 205,000 people who have already filed their returns for 2014. Can Ms Feehily tell us how much money has been received?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Local Property Tax: Discussion with Revenue (7 Nov 2013)
Seán Fleming: Does Ms Feehily not know how much was received up to last night or up to last Monday?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Local Property Tax: Discussion with Revenue (7 Nov 2013)
Seán Fleming: Will Ms Feehily send it on to us tomorrow?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Local Property Tax: Discussion with Revenue (7 Nov 2013)
Seán Fleming: Has some €10 million been collected?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Local Property Tax: Discussion with Revenue (7 Nov 2013)
Seán Fleming: Right. Would Ms Feehily be able to give us a breakdown of the range evaluated? The computers must have the detail with regard to how much of that was in respect of €90, €225 or €315.