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Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I rest my case too because the Deputy has acknowledged my point. In the real world scenario we are in, because his scheme does not have a cash cost, or cash cap for participants in it, the cost risk of his scheme is larger. The Deputy acknowledged the point already that in his scheme there is not an upper limit for how much a household can drawdown, whereas in this scheme, there is an upper...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: No.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I will make a concluding comment. First, I meant to bring this up earlier on but I did not get the opportunity to do it. The Conservative Party is not a sister party of Fine Gael. It left the European People’s Party, EPP, under David Cameron’s leadership. It is not in the Christian democratic political family. I want to make that very clear. The Deputy will be aware as...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: We could go on tonight about movement’s that the Deputy's party has been aligned with as well and see where that gets us.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: However, I am not going to. We have been here for two and half days, each of us doing our job.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: We could bring the meeting to a sour end by talking about the different affiliations to other organisations that each of our political parties has had, but I will not do it. I will simply just inform the committee that conservative parties are not members of the political family that Fine Gael is in. Second, I will stand over the point I made very firmly that the maximum amount that...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I move amendment No. 88: In page 190, to delete lines 9 and 10 and substitute the following: “ “billing period” means, in relation to a TBESS electricity bill or a TBESS gas bill, the invoice period or the statement period, as the case may be;”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I move amendment No 89: In page 190, between lines 15 and 16, to insert the following: “ “credit institution” has the same meaning as it has in the European Union (Capital Requirements) Regulations 2014 (S.I. No. 158 of 2014);”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I move amendment No. 90: In page 190, to delete lines 21 to 24 and substitute the following: “ “electricity invoice” means the periodic invoice, or that part of the periodic invoice, provided or made available by an electricity supplier to an eligible business in respect of an electricity account, requesting payment for electricity supplied during the invoice period...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I move amendment No. 91: In page 190, to delete lines 30 and 31 and substitute the following: “ “eligible business” means, subject to subsection (2), a person who— (a) carries on a trade or profession, either solely or in partnership, and (b) is not a credit institution or financial institution;”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I move amendment No. 93. In page 191, between lines 2 and 3, to insert the following: “ “financial institution” has the same meaning as it has in the European Union (Capital Requirements) Regulations 2014 (S.I. No. 158 of 2014);”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I move amendment No. 94: In page 191, to delete lines 5 to 8 and substitute the following: “ “gas invoice” means the periodic invoice, or that part of the periodic invoice, provided or made available by a gas supplier to an eligible business requesting payment for natural gas supplied during the invoice period to the eligible business through a gas connection;”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I move amendment No. 95. In page 191, between lines 15 and 16, to insert the following: “ “gas statement” means, in respect of a prepayment meter, the periodic statement, or that part of the periodic statement, provided or made available by a gas supplier to an eligible business in respect of a gas connection displaying, in respect of the statement period concerned,...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I move amendment No. 96: In page 191, between lines 17 and 18, to insert the following: “ “Income Tax Acts” has the same meaning as it has in section 1 of the Principal Act; “invoice period” means the period in respect of which an electricity supplier or gas supplier issues an electricity invoice or gas invoice;”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I move amendment No. 97: In page 191, between lines 25 and 26, to insert the following: “ “prepayment meter” means any meter or appliance by which the quantity of electricity or natural gas supplied is regulated according to the amount of money prepaid for the electricity or natural gas so supplied;”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I move amendment No. 98: In page 191, between lines 30 and 31, to insert the following: “ “single undertaking” has the same meaning as it has in Article 2 of the Commission Regulation (EU) No. 1407/2013 of 18 December 2013 on the application of Articles 107 and 108 of the Treaty on the Functioning of the European Union to de minimisaid;”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I move amendment No. 99: In page 191, line 32, to delete “31 December 2022” and substitute “28 February 2023”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I move amendment No. 100: In page 191, between lines 32 and 33, to insert the following: “ “statement period” means the period in respect of which an electricity supplier or gas supplier issues an electricity statement or a gas statement;”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I move amendment No. 102: In page 192, to delete lines 1 to 5 and substitute the following: “ “Temporary Crisis Framework” means the Communication from the Commission on the Temporary Crisis Framework for State Aid measures to support the economy following the aggression against Ukraine by Russia of 28 October 2022 (replacing the Communication from the Commission on...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I move amendment No. 104: In page 193, to delete lines 4 to 7 and substitute the following: “ “electricity bill unit price”, in relation to a TBESS electricity bill, means the total amount of charges for electricity set out in the TBESS electricity bill exclusive of any value-added tax charged thereon, divided by the number of units of electricity consumed during the...

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