Results 3,361-3,380 of 16,537 for speaker:Brian Lenihan Jnr

Seanad: Finance Bill 2010 (Certified Money Bill): Second Stage. (24 Mar 2010)

Brian Lenihan Jnr: Yes.

Seanad: Finance Bill 2010 (Certified Money Bill): Second Stage. (24 Mar 2010)

Brian Lenihan Jnr: I have not seen it. The Senator should furnish me with information on it. The legislation deals with the matter.

Seanad: Finance Bill 2010 (Certified Money Bill): Second Stage. (24 Mar 2010)

Brian Lenihan Jnr: It sets aside any such transactions. They are void.

Seanad: Finance Bill 2010 (Certified Money Bill): Second Stage. (24 Mar 2010)

Brian Lenihan Jnr: When we discussed the legislation, it was dealt with-----

Seanad: Finance Bill 2010 (Certified Money Bill): Second Stage. (24 Mar 2010)

Brian Lenihan Jnr: I cannot interrupt on Second Stage.

Seanad: Finance Bill 2010 (Certified Money Bill): Second Stage. (24 Mar 2010)

Brian Lenihan Jnr: It would cover transactions-----

Seanad: Finance Bill 2010 (Certified Money Bill): Second Stage (Resumed) (24 Mar 2010)

Brian Lenihan Jnr: ): I will reply to Senator Cummins in the course of my contribution but I want to thank Senators for their comments. I will try to address each of them as best I can. Before doing so I would like to emphasise how the Finance Bill 2010 is crucial to sustaining an environment in which jobs can be created and maintaining our low tax burden on business. That is essential for our...

Seanad: Finance Bill 2010 (Certified Money Bill): Second Stage (Resumed) (24 Mar 2010)

Brian Lenihan Jnr: I am not addressing you, Senator Cummins. I am addressing a general point that has been made in public debate. They are doing a grave disservice to the employment opportunities of children in this country in the future if they believe that an unsustainable level of public expenditure on salaries, pensions, transfer payments and benefits can be sustained at the expense of future generations...

Seanad: Finance Bill 2010 (Certified Money Bill): Second Stage (Resumed) (24 Mar 2010)

Brian Lenihan Jnr: Thank you, a Chathaoirligh.

Seanad: Finance Bill 2010 (Certified Money Bill): Second Stage (Resumed) (24 Mar 2010)

Brian Lenihan Jnr: No, they are typographical. Question put.

Written Answers — Pension Provisions: Pension Provisions (23 Mar 2010)

Brian Lenihan Jnr: The OECD Economic Survey: Ireland 2009, which was published last November, contains pension cost projections for Ireland which were taken from the 2009 Ageing Report which was prepared by the European Commission and published at the end of last April. These projections were based on a set of assumptions which ensured comparability between all EU Member States. The reason for the different...

Written Answers — EU Funding: EU Funding (23 Mar 2010)

Brian Lenihan Jnr: My Department made an application to the EU Commission on 27th January 2010 for funding under the EU Solidarity Fund based on estimates of damage received from Departments and local authorities. The application was formally acknowledged by the Commission on 24 February 2010. The EU Solidarity Fund does not fund full reconstruction nor does it fund prevention works. It funds emergency...

Written Answers — Tax Code: Tax Code (23 Mar 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 167 and 168 together. I am informed by the Revenue Commissioners that the estimated yield to the Exchequer in a full year of a 1% increase in the standard (21%) rate and the reduced (13.5%) rate of VAT is €311 million and €262 million respectively.

Written Answers — Tax Code: Tax Code (23 Mar 2010)

Brian Lenihan Jnr: It is estimated that the yield to the Exchequer from increasing the DIRT rate by 1 per cent is €25m in a full year.

Written Answers — Tax Code: Tax Code (23 Mar 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 170 and 171 together. I am informed by the Revenue Commissioners that the information requested is set out in the following table. 1 Cent 1 Cent 5 Cent 5 Cent 10 Cent 10 Cent Est Yield CPI effect Est Yield CPI effect Est Yield CPI effect â'¬m â'¬m â'¬m UnleadedPetrol Litre 17.9 0.026% 87.5 0.130% 173.2 0.259% Auto Diesel Litre...

Written Answers — Tax Code: Tax Code (23 Mar 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 172 to 176, inclusive, together. I am informed by the Revenue Commissioners that the information requested is as set out in the following two tables. 1 Cent 1 Cent 5 Cent 5 Cent 10 Cent 10 Cent Est Yield CPI effect Est Yield CPI effect Est Yield CPI effect â'¬m â'¬m â'¬m Beer Pint 7.1 0.014% 35.4 0.070% 70.3 0.141% Spirits Single Measure...

Written Answers — Public Service Pay: Public Service Pay (23 Mar 2010)

Brian Lenihan Jnr: I refer to my reply to Question No. 11794/10 of 10 March 2010: "The Financial Emergency Measures in the Public Interest (No 2) Act, 2009 makes provision for the reduction in the pay rates of all persons employed by public service bodies with effect from 1 January 2010. As universities come within the definition in the Act of public service bodies, contract researchers employed by such...

Written Answers — National Asset Management Agency : National Asset Management Agency (23 Mar 2010)

Brian Lenihan Jnr: The Deputy will be aware that as part of the debate on the passage of the National Asset Management Agency (NAMA) legislation, I undertook, with cross party support, to conduct an expressions of interest process and consultation with party leaders to seek appointments to the Board. As I indicated when the appointments were made on 22 December 2009 over 800 applications were received and...

Written Answers — Pension Provisions: Pension Provisions (23 Mar 2010)

Brian Lenihan Jnr: I announced in Budget 2010 that, as part of the reform of the public service pension structure, I will review the current arrangements applying in the case of post-retirement pension increases and in this context will consider linking pensions to increases in the cost of living. The recent special report by the Comptroller and Auditor General estimated that the present actuarial cost of...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (23 Mar 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 180 and 181 together. In August 2004 under the Administrative Sanctions Procedure (ASP), the Financial Regulator was given the power to impose Administrative sanctions on "regulated financial service providers" and on "persons concerned in the management of those entities" for breaches of prescribed contraventions of certain Designated Acts and Statutory...