Results 34,181-34,200 of 35,959 for speaker:Pearse Doherty

Insurance (Amendment) Bill 2011 [Seanad]: Committee and Remaining Stages (28 Sep 2011)

Pearse Doherty: I have two questions, one of which I have not posed before but I posed the other on Second Stage. First, I am curious as to where the figure originated of 65% of the claim being paid out to a maximum of €825,000. How was that percentage and value determined? What were the factors that led to a 65% figure being introduced in the legislation? Second, I am concerned by section 3C which...

Insurance (Amendment) Bill 2011 [Seanad]: Committee and Remaining Stages (28 Sep 2011)

Pearse Doherty: I thank the Minister for his reply and can see where he is coming from. Please God, no company currently trading will have to go into administration anytime soon, but there is obviously a benefit for a company that has more than 70% of its business in this State. I am worried about a company that might have, for example, 32% of its business outside the State. We live on an island that is...

Insurance (Amendment) Bill 2011 [Seanad]: Committee and Remaining Stages (28 Sep 2011)

Pearse Doherty: May I clarify this matter? I will take the example of a Donegal company that has 68% of its customer base in the South, but would not be able to apply to this fund when in administration. I presume that even though it would have 32% of its customer base in the North, it would still not be able to apply under the British fund because it is based in this State and the majority of its customer...

Insurance (Amendment) Bill 2011 [Seanad]: Committee and Remaining Stages (28 Sep 2011)

Pearse Doherty: I take it that Michael Flatley's legs will not be paying into this insurance fund, given the exemptions the Government has got. I presume that the Minister's ability to pay into the fund itself is covered in the principal Act. What payment will be required this year and next year? How will the money be recouped? Is that covered in the principal Act?

Insurance (Amendment) Bill 2011 [Seanad]: Committee and Remaining Stages (28 Sep 2011)

Pearse Doherty: Is it correct to say that the State will put in a sum in the region of €400 million in the next 24 months? Will the State receive a higher rate of interest on that money that it puts into this fund than what it paid to borrow the money from the EU and IMF at this time?

Insurance (Amendment) Bill 2011 [Seanad]: Committee and Remaining Stages (28 Sep 2011)

Pearse Doherty: Will we see a return on the money in two, three or four years time?

Insurance (Amendment) Bill 2011 [Seanad]: Committee and Remaining Stages (28 Sep 2011)

Pearse Doherty: My question is on a different issue.

Insurance (Amendment) Bill 2011 [Seanad]: Committee and Remaining Stages (28 Sep 2011)

Pearse Doherty: The Minister will agree that the manner in which we are dealing with this legislation is unsatisfactory. Although his clock is ticking down to 4 October, we should have had an opportunity to listen to and digest his contribution and that of other Members, examine the legislation and, if required, present amendments. Asking us to table amendments last week before we had even heard him on...

Insurance (Amendment) Bill 2011 [Seanad]: Committee and Remaining Stages (28 Sep 2011)

Pearse Doherty: The Minister knows it is inappropriate to ask people to take Second and Committee Stages on the same day.

Insurance (Amendment) Bill 2011 [Seanad]: Committee and Remaining Stages (28 Sep 2011)

Pearse Doherty: I read the Minister's speech to the Seanad. It was a different speech from the one he gave to the Dáil. It also contained different figures.

Insurance (Amendment) Bill 2011 [Seanad]: Committee and Remaining Stages (28 Sep 2011)

Pearse Doherty: The Minister published the Bill 24 hours-----

Insurance (Amendment) Bill 2011 [Seanad]: Committee and Remaining Stages (28 Sep 2011)

Pearse Doherty: It was not the Minister's finest hour. He published the Bill 24 hours beforehand.

Order of Business (28 Sep 2011)

Pearse Doherty: I strongly object to the Government's approach to the Bill, which will dip into the pockets of every insurance policyholder bar health policyholders to the tune of approximately €738 million. The figure was first announced at €600 million in April and it is increasing on a weekly basis. The Minister needs to answer serious questions regarding this legislation, particularly in regard to...

Order of Business (28 Sep 2011)

Pearse Doherty: If the Taoiseach had listened to the debate yesterday, he would have heard our concerns about the workers.

Order of Business (28 Sep 2011)

Pearse Doherty: On the proposed legislation to deal with the European stability mechanism, can the Taoiseach give a date for when the Bill will be presented to the House and when it will pass all Stages in both Houses? When the Bill is published, will the Taoiseach also publish the legal opinion to inform Members in their deliberations on this important legislation?

Written Answers — Family Support Services: Family Support Services (27 Sep 2011)

Pearse Doherty: Question 61: To ask the Minister for Children and Youth Affairs her plans to set up a child and family support agency; and if she will make a statement on the matter. [26081/11]

Written Answers — Tax Code: Tax Code (27 Sep 2011)

Pearse Doherty: Question 96: To ask the Minister for Finance the amount raised for the Exchequer during 2010 by the income levy; and the amount that would have been raised were the income levy applied only to those earning in excess of €30,000 per annum. [25654/11]

Written Answers — Tax Code: Tax Code (27 Sep 2011)

Pearse Doherty: Question 97: To ask the Minister for Finance the revenue that would be raised for the Exchequer by reducing capital acquisition tax thresholds by 25% and increasing the CAT rate by 10%. [25655/11]

Written Answers — Tax Yield: Tax Yield (27 Sep 2011)

Pearse Doherty: Question 112: To ask the Minister for Finance the potential savings to the Exchequer from limiting the capital allowances available to business at €2 million. [25951/11]

Written Answers — Departmental Bodies: Departmental Bodies (27 Sep 2011)

Pearse Doherty: Question 114: To ask the Minister for Finance if he will provide details of the secondees currently working in the National Assets Management Agency; the duration of their contracts; the amount that NAMA pays for their services; the firms the secondees come from; the amounts payable to individual firms; if he will confirm if NAMA also uses these firms for paid consultancy work; if so, the...