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Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)

Peter Mathews: Amendments Nos. 98 to 101, inclusive.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)

Peter Mathews: I am guided by my officials on this.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)

Peter Mathews: I am following the guidelines.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)

Peter Mathews: No, I cannot do that.

Child Care (Amendment) Bill 2013 [Seanad]: Second and Subsequent Stages (7 Mar 2013)

Peter Mathews: Could I ask Deputy McGrath to reconsider his use of the word "stole" and use another term?

Child Care (Amendment) Bill 2013 [Seanad]: Second and Subsequent Stages (7 Mar 2013)

Peter Mathews: We have an understanding that misappropriation is different from stealing so we should stay with misappropriation.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)

Peter Mathews: May I pose a scenario to the Minister of State? We know that households are under stress with debt. There may be a situation where otherwise a gift of, say, €225,000 is made from a parent to a son or daughter to reduce liabilities owed to a bank in a negative equity situation where the debt to the bank was €425,000. Is €225,000 the exemption level?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)

Peter Mathews: I will leave it at that.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)

Peter Mathews: Specifically on the risk equalisation levy that is the subject of this section, the policy holder will have to pay only once in a year, whether for a renewal or a new policy. The distribution of that levy among the players in the industry probably-----

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)

Peter Mathews: If that is passed on to the policyholder they have to argue among themselves about where the risk equalisation music stops.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)

Peter Mathews: It is because the aging population is dying.

Topical Issue Matters (7 Mar 2013)

Peter Mathews: I wish to advise the House of the following matters in respect of which notice has been given under Standing Order 27A and the name of the Member in each case: (1) Deputy Michael McCarthy - the need to review the way in which the formula for those in receipt of family income supplement is renewed; (2) Deputy Mary Lou McDonald - the need to reinstate urgently the child minding advisory officer...

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Peter Mathews: As it is now 1.30 p.m. I am required to put the following question in accordance with an order of the Dáil of this day: "That Fourth Stage is hereby completed and the Bill is hereby passed."

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)

Peter Mathews: Deputy McGrath used an important word, namely, metrics. In respect of the securitisation activities of certain companies in the IFSC, I had dealings with them some years ago. There would be $5 billion balance sheets at these companies that are literally just a brass nameplate. They are in Dublin, the directors are resident in Dublin and the transactions are being done on a monthly basis by...

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Peter Mathews: Three further Deputies have indicated that they wish to contribute, those being, Deputies Mattie McGrath, Catherine Murphy and Anthony Lawlor. They should be aware that only four minutes remain.

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Peter Mathews: I will make it five minutes.

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Peter Mathews: Could I have a bit of order, please? The Deputies should be quick.

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Peter Mathews: Deputy Catherine Murphy should be as quick as possible, please.

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Peter Mathews: I take Deputy Stanley's point. I would like the Minister of State to have the opportunity to speak.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)

Peter Mathews: The previous contributions were excellent, especially those from Deputies Boyd Barrett and Doherty. The Revenue Commissioners, in their up-to-date returns from tax-paying companies and even companies that legally avoid paying tax, have the information and they could supply the so-called eyes wide open type of material about which we want to know, including the number of companies, the...

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