Results 4,461-4,480 of 34,585 for speaker:Seán Fleming
- Public Accounts Committee: Business of Committee (11 Jul 2019)
Seán Fleming: The legislation for REITs, through the taxation method of incentivising investment, is a form of social engineering which attempts to move Ireland towards rental accommodation and away from home ownership. Some might agree that is a good policy and some might not, but it means there is an incentive for a large number of properties coming on stream to go into the long-term rental market as...
- Public Accounts Committee: Business of Committee (11 Jul 2019)
Seán Fleming: It is a big social issue.
- Public Accounts Committee: Business of Committee (11 Jul 2019)
Seán Fleming: We will note the Minister's response and members can use that information in debates both now and in the future. The next item of correspondence is from Mr. Derek Moran, Secretary General at the Department of Finance, providing a response to matters raised at the meeting in May. It is a detailed response and I thank him for it. It is a good example of being on top of one's brief, as were...
- Public Accounts Committee: Business of Committee (11 Jul 2019)
Seán Fleming: Yes. I ask members to pull me up on anything.
- Public Accounts Committee: Business of Committee (11 Jul 2019)
Seán Fleming: I will do my best. I have had a glance of this only in the last 20 minutes. Essentially, in a liquidation the unsecured creditors, which can include trade creditors, come together and employ the liquidator - Revenue is regularly involved - to look after their interests and recover as much money as possible for them. The Minister is saying that when the Department came to the IBRC it had...
- Public Accounts Committee: Business of Committee (11 Jul 2019)
Seán Fleming: Correct.
- Public Accounts Committee: Business of Committee (11 Jul 2019)
Seán Fleming: NAMA.
- Public Accounts Committee: Business of Committee (11 Jul 2019)
Seán Fleming: The Deputy is absolutely right. When one stands back and looks at this it is clear that, as a result of the banking crisis, we put most of the debt into NAMA for it to manage and to get the best return for the taxpayer. NAMA is a public body audited by the Comptroller and Auditor General. It has come before this committee and the finance and public expenditure committee. There is total...
- Public Accounts Committee: Business of Committee (11 Jul 2019)
Seán Fleming: He uses the word "disapplied". In other words, they are saying the normal provisions that would apply because this was-----
- Public Accounts Committee: Business of Committee (11 Jul 2019)
Seán Fleming: It took it out.
- Public Accounts Committee: Business of Committee (11 Jul 2019)
Seán Fleming: It excluded it.
- Public Accounts Committee: Business of Committee (11 Jul 2019)
Seán Fleming: No.
- Public Accounts Committee: Business of Committee (11 Jul 2019)
Seán Fleming: If we think back to the NAMA legislation, it went through quite a lot of Dáil debate and discussion. The Minister had some documents out there well in advance. It was highly teased out. I am sure there are still flaws in it. We spotted the flaws in section 172 here as a result of our work ten years on, or perhaps it was known much earlier in the Department, but the Dáil did not...
- Public Accounts Committee: Business of Committee (11 Jul 2019)
Seán Fleming: Right. We are not getting into the essence of the details of the correspondence No. 2299C. Yesterday I received two other anonymous letters in the same vein, which I have given to the secretariat. All three of them were essentially on the same issue with regard to National University of Ireland Maynooth solely as result of us raising the matter here last week. Related correspondence No....
- Public Accounts Committee: Business of Committee (11 Jul 2019)
Seán Fleming: The onus is on the college to deal with this issue. We have written to it and will send further correspondence supplementing the earlier correspondence. We will ask it to respond to all the issues raised when it comes to reply. We will circulate the letter that we intend to issue to the members of the committee.
- Public Accounts Committee: Business of Committee (11 Jul 2019)
Seán Fleming: As that issue of part-time staff is referred to in the correspondence we received, it will be in the letter that we write to the college. The next item of correspondence is No. 2300C, from an individual, referring to the "broadband farce". That is the individual's view. I propose that we send the individual the copy of the sixth periodic report in which we made our recommendations on...
- Public Accounts Committee: Business of Committee (11 Jul 2019)
Seán Fleming: We will put it on the work programme. The Comptroller and Auditor General will issue his report at the end of September so we will have that on our work programme next year when addressing the Department of Foreign Affairs and Trade. We will note and publish that. Is the Deputy happy for us to deal with it when the Department comes in?
- Public Accounts Committee: Business of Committee (11 Jul 2019)
Seán Fleming: No. 2304C is from the chairman of a group called the Renewable Gas Forum dated 5 July 2019, which wants to highlight a provision in the climate action plan regarding the provision for agriculture-sourced biomethane in heat. The matter raised is a policy matter, which is a matter for the Department. We have issued a report on climate change as it relates to us. This has come to us because...
- Public Accounts Committee: Business of Committee (11 Jul 2019)
Seán Fleming: How many weeks ago was that?
- Public Accounts Committee: Business of Committee (11 Jul 2019)
Seán Fleming: We will phone the Department in the course of the day. If we asked 20 questions, perhaps it could send back some answers, rather than waiting for every question-----