Results 4,241-4,260 of 33,118 for speaker:Paschal Donohoe

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

Paschal Donohoe: -----but in the modelling we have done on it, we have not come across any scenario in which we think that is likely.

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

Paschal Donohoe: I am glad the Deputy agrees with me because the point I am making is not about the figures for the different costs of our schemes. The point I am making, which the Deputy has just acknowledged, is since there is no cash cap in his scheme, that means the cost is more open-ended than in this scheme. Does the Deputy accept that point?

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

Paschal Donohoe: Does the Deputy accept that point?

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

Paschal Donohoe: Does he therefore accept-----

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

Paschal Donohoe: We will get to the point-----

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

Paschal Donohoe: The Deputy is not going to answer.

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;”.