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Financial Measures (Miscellaneous Provisions) Bill 2009: Second Stage (23 Jun 2009)

Brian Lenihan Jnr: I will try to deal with the points raised by Deputies in so far as I can. I thank them for their contributions to a very brief debate. Deputy Bruton suggested that I was accusing the Opposition of irresponsibility. I am not accusing him of irresponsibility in respect of this legislation. All the Deputies mentioned the guarantee. The current legislation provides for the guarantee to end...

Financial Measures (Miscellaneous Provisions) Bill 2009: Second Stage (23 Jun 2009)

Brian Lenihan Jnr: My officials were not able to contact me this morning because I was at a Government meeting and that is why there was a delay in informing Deputy Burton of these matters. It is not fair either to me or my officials to hold us to blame for that. As soon as they could contact me they asked me if I wished the information to be released and I stated to do so immediately. There is no question...

Financial Measures (Miscellaneous Provisions) Bill 2009: Financial Resolution. (23 Jun 2009)

Brian Lenihan Jnr: I move: That provision be made in the Act giving effect to this Resolution for the imposition of certain commercial or other terms and conditions in respect of financial support that may be provided to credit institutions or subsidiaries.

Financial Measures (Miscellaneous Provisions) Bill 2009: Second Stage (23 Jun 2009)

Brian Lenihan Jnr: The Commission has signalled a number of issues regarding liabilities to be covered. We are working to resolve these difficulties. If these can be resolved, I hope to bring the necessary statutory instrument before the House before the summer recess when we will have ample time to discuss and, as a Parliament, approve or disapprove, of the nature of the securities covered. To avoid us...

Financial Measures (Miscellaneous Provisions) Bill 2009: Second Stage (23 Jun 2009)

Brian Lenihan Jnr: There are no commitments until the House approves the scheme.

Financial Measures (Miscellaneous Provisions) Bill 2009: Second Stage (23 Jun 2009)

Brian Lenihan Jnr: From each according to his abilities.

Financial Measures (Miscellaneous Provisions) Bill 2009: Second Stage (23 Jun 2009)

Brian Lenihan Jnr: In an alarmed way.

Financial Measures (Miscellaneous Provisions) Bill 2009: Second Stage (23 Jun 2009)

Brian Lenihan Jnr: No such significance attaches to this section. I made it clear when introducing the Bill that the regulator suggested that this be done to provide comprehensive protection. The Deputy should not release that statement.

Financial Measures (Miscellaneous Provisions) Bill 2009: Second Stage (23 Jun 2009)

Brian Lenihan Jnr: I will happily assist the Deputy in that regard.

Financial Measures (Miscellaneous Provisions) Bill 2009: Second Stage (23 Jun 2009)

Brian Lenihan Jnr: That is outrageous. It is not true at all.

Financial Measures (Miscellaneous Provisions) Bill 2009: Second Stage (23 Jun 2009)

Brian Lenihan Jnr: I am sorry, Deputy, it was not a dinner. It was a conference of economists.

Financial Measures (Miscellaneous Provisions) Bill 2009: Second Stage (23 Jun 2009)

Brian Lenihan Jnr: Did Deputy Burton get that off an Internet search?

Financial Measures (Miscellaneous Provisions) Bill 2009: Second Stage (23 Jun 2009)

Brian Lenihan Jnr: That is provided for.

Financial Measures (Miscellaneous Provisions) Bill 2009: Second Stage (23 Jun 2009)

Brian Lenihan Jnr: I cannot do that under existing legislation.

Financial Measures (Miscellaneous Provisions) Bill 2009: Second Stage (23 Jun 2009)

Brian Lenihan Jnr: The Deputy might help me.

Financial Measures (Miscellaneous Provisions) Bill 2009: Order for Second Stage. (23 Jun 2009)

Brian Lenihan Jnr: I move: "That Second Stage be taken now."

Financial Measures (Miscellaneous Provisions) Bill 2009: Second Stage (23 Jun 2009)

Brian Lenihan Jnr: I move: "That the Bill be now read a Second Time." This miscellaneous Bill contains a number of distinct, important provisions and it can be broken into four parts. First, there is a provision to give effect to the continued operation of existing direct debit mandates after the introduction of the Single Euro Payments Area direct debit scheme; second, there is a provision for the transfer...

Financial Measures (Miscellaneous Provisions) Bill 2009: Second Stage (23 Jun 2009)

Brian Lenihan Jnr: I am speaking on Second Stage and in possession. I am entitled on Second Stage to introduce a measure to this House.

Written Answers — Tax Collection: Tax Collection (18 Jun 2009)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the data currently available on the amounts of VAT generated in 2009 on petrol and auto-diesel relate to the first five months of the year, i.e. January to May inclusive. The amounts of revenue generated through VAT on petrol and auto-diesel for the period 1 January to 31 May 2009, and for the corresponding periods in 2006, 2007 and 2008, are...

Written Answers — Departmental Schemes: Departmental Schemes (18 Jun 2009)

Brian Lenihan Jnr: The cycle to work scheme came into operation on 1 January 2009. With a view to keeping the scheme simple and reducing administration on the part of employers, and following the model of the related travel pass scheme, there is no notification procedure for employers to indicate to the Revenue Commissioners that they are operating the cycle to work scheme. In view of this, the Revenue...

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