Results 3,781-3,800 of 33,118 for speaker:Paschal Donohoe

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Individual Accountability Framework) Bill 2022: Committee Stage (Resumed) (7 Dec 2022)

Paschal Donohoe: I move amendment No. 65: In page 72, lines 2 to 6, to delete all words from and including “In” in line 2 down to and including line 6 and substitute the following: “In this section, “inquiry decision” has the same meaning as it has in section 33AW of the Act of 1942 as substituted by section 53.”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Individual Accountability Framework) Bill 2022: Committee Stage (Resumed) (7 Dec 2022)

Paschal Donohoe: I move amendment No. 67: In page 72, to delete lines 10 to 15 and substitute the following: “(3) Section 33AW of the Act of 1942 as substituted by section 53applies in relation to an inquiry decision made before the commencement of section 53if the decision has not, before that commencement, been notified by the Bank to the regulated financial service provider or person concerned....

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Individual Accountability Framework) Bill 2022: Committee Stage (Resumed) (7 Dec 2022)

Paschal Donohoe: I move amendment No. 68: In page 72, between lines 15 and 16, to insert the following: “Disqualification under section 33AQ of Act of 1942 in case where contravention or participation occurred before commencement of section 46 93. (1) For the purposes of the imposition of a sanction in respect of the commission, before the commencement of section 46, of a prescribed contravention,...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Individual Accountability Framework) Bill 2022: Committee Stage (Resumed) (7 Dec 2022)

Paschal Donohoe: I move amendment No. 69: In page 72, between lines 15 and 16, to insert the following: “Continuing functions under section 33BE of Act of 1942 94. (1) A person who, before the commencement of section 66, has taken any action referred to in any of the paragraphs of subsection (4) of section 33BE of the Act of 1942, as amended by section 66, as the said subsection (4) applies in...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Individual Accountability Framework) Bill 2022: Committee Stage (Resumed) (7 Dec 2022)

Paschal Donohoe: I hoped to be in a position to go to Report Stage next week but that has not yet been confirmed to me. At this point it is very likely that the most we would get done is Report Stage in the Dáil next week. That means it will have to go to the Seanad in the new year.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Individual Accountability Framework) Bill 2022: Committee Stage (Resumed) (7 Dec 2022)

Paschal Donohoe: Yes.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Individual Accountability Framework) Bill 2022: Committee Stage (Resumed) (7 Dec 2022)

Paschal Donohoe: I move amendment No. 39: In page 57, line 1, to delete “an order” and substitute “a direction”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Individual Accountability Framework) Bill 2022: Committee Stage (Resumed) (7 Dec 2022)

Paschal Donohoe: I move amendment No. 66: In page 72, lines 7 and 8, to delete “under section 33AP of the Act of 1942” and substitute “by the Bank”.

Written Answers — Department of Finance: Tax Code (6 Dec 2022)

Paschal Donohoe: As the Deputy is aware, I committed to a comprehensive review of the DDS as part of a broader review of mobility supports. In order to achieve this objective, Minister O’Gorman agreed in September 2021 that the DDS review should be incorporated into the work of the National Disability Inclusion Strategy (NDIS) Transport Working Group (TWG). The Working Group, under the...

Written Answers — Department of Finance: Insurance Industry (6 Dec 2022)

Paschal Donohoe: The Action Plan for Insurance Reform, published in December 2020, is a whole-of-Government strategy containing several initiatives expected to positively impact insurance costs. The third Action Plan for Insurance Reform Implementation Report was published in November. This shows that work is progressing well to implement these important reforms, with 90 per cent of the actions already...

Written Answers — Department of Finance: Personal Injuries Assessment Board (6 Dec 2022)

Paschal Donohoe: I propose to take Questions Nos. 170 and 172 together. Insurance reform is a key priority for the Government, and is being driven by the implementation of the Action Plan for Insurance Reform. One of the principal actions from the Action Plan has been the implementation of the new Personal Injuries Guidelines, in April 2021.  These have significantly lowered award levels for many...

Written Answers — Department of Finance: Insurance Industry (6 Dec 2022)

Paschal Donohoe: Firstly, I wish to reassure the Deputy that I recognise the concerns felt by many businesses across various sectors around the cost and availability of insurance cover. Accordingly, Government has prioritised reform of the sector through the Action Plan for Insurance Reform. As the Deputy may be aware, the third Action Plan Implementation Report was published last month, showing that 90...

Written Answers — Department of Finance: Tax Code (6 Dec 2022)

Paschal Donohoe: As outlined in my responses over recent weeks to various questions about biofuels and Hydrogenated/Hydrotreated Vegetable Oil (HVO), the State’s legislation on the taxation of fuels - as governed by Council Directive 2003/96/EC of 27 October 2003, commonly known as the Energy Tax Directive (ETD) - relieves or excludes biofuels that are produced entirely from biomass, from carbon...

Written Answers — Department of Finance: Tax Code (6 Dec 2022)

Paschal Donohoe: As the Deputy will be aware, the 9% rate for the tourism and hospitality sectors was reintroduced in Budget 2021 from 1 November 2020 to 31 December 2021 at an estimated cost of €401m. This measure was initially extended in Budget 2022 to 31 August 2022 at a further estimated cost of €251m. It was then  extended again for another six months until 28 February 2023 at an...

Written Answers — Department of Finance: Flood Risk Management (6 Dec 2022)

Paschal Donohoe: As Minister for Finance, I have policy responsibility for the development of the legal framework governing financial services regulation, including for the insurance sector. It should be noted that the provision of insurance cover and the price at which it is offered is a commercial matter for those companies and is based on an assessment of the risks they are willing to accept. Therefore,...

Written Answers — Department of Finance: Mortgage Interest Rates (6 Dec 2022)

Paschal Donohoe: The Central Bank of Ireland advises that Pepper Finance Corporation (Ireland) Designated Activity Company, trading as Pepper Money and Pepper Asset Servicing, is authorised by it as a Retail Credit Firm (RCF). RCFs are required to comply with all relevant requirements of financial services legislation, including the regulatory requirements as set out in the Central Bank's existing codes of...

Written Answers — Department of Finance: Revenue Commissioners (6 Dec 2022)

Paschal Donohoe: I propose to take Questions Nos. 177, 178 and 179 together. I am advised by Revenue that a worker’s employment status is not a matter of choice; it depends on the terms and conditions of the job. Employment classification is a complex area and there is no single clear definition of the terms ‘employed’ or ‘self-employed’ in Irish or EU law. While it is...

Written Answers — Department of Finance: Primary Medical Certificates (6 Dec 2022)

Paschal Donohoe: I propose to take Questions Nos. 180 to 182, inclusive together. The Disabled Drivers and Disabled Passengers Scheme provides relief from Vehicle Registration Tax and VAT on an adapted car, as well as an exemption from motor tax and an annual fuel grant. The scheme is open to severely and permanently disabled persons as a driver or as a passenger and also to certain charitable...

Written Answers — Department of Finance: State Claims Agency (6 Dec 2022)

Paschal Donohoe: I am informed by the NTMA that the State Claims Agency (SCA) is mandated by statute to handle claims for compensation or damages for loss of or damage to property, by State-authorised actors, where such loss or damage has been occasioned by an act or omission constituting a cause of action by an affected third party. Thus, in cases where negligence causing damage to property is alleged on the...

Written Answers — Department of Finance: State Claims Agency (6 Dec 2022)

Paschal Donohoe: I am informed by the State Claims Agency that it is not the practice of the State Claims Agency to seek or introduce non-disclosure agreements in cases handled by it, save in very limited instances where an NDA is expressly requested by a plaintiff in any individual case. The National Incident Management System (NIMS) does not include the systematic capture of information on non-disclosure...