Results 6,321-6,340 of 10,460 for speaker:Gerry Horkan
- Seanad: Land and Conveyancing Law Reform (Amendment) Bill 2019: Committee and Remaining Stages (3 Apr 2019)
Gerry Horkan: When is it proposed to sit again?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Gerry Horkan: I thank the Department and Central Bank for their opening statements. I am just reading on the RTÉ website that the Bill has already been passed by the Dáil. It passed Second Stage but we are now scrutinising it before Committee Stage. People following proceedings may conclude it has passed but it clearly has not passed. We are here to examine, test and try to progress the Bill,...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Gerry Horkan: I never suggested that for one minute. I am not sure why Mr. Tobin is responding to me in that way because that was not the point I made. The point I made was that lots of people out there are potentially going to be affected by the transfer of loans to an entity that may not have the same longer-term interest as the entity from which the loan originated. By and large, the bulk of the...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Gerry Horkan: I accept that. As far back as the time of the Bacon report, we were asking whether State intervention in the property market is a good thing. When it was looking at this Bill, did the Department advise that retrospection should apply?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Gerry Horkan: The Office of the Parliamentary Legal Adviser, OPLA, has given a different opinion. It has said that retrospection does not apply currently but if it did apply, it would have a different opinion of the Bill. When it was forming its opinion on the legislation as currently proposed, the Department took the view that retrospection would apply. Is that correct?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Gerry Horkan: I know that. One cannot un-sell loans that have been sold.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Gerry Horkan: Future transfers of existing loans?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Gerry Horkan: Obviously the legislation is much more useful with retrospection than if it were to only apply to loans taken out from the date of enactment but-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Gerry Horkan: The Department describes it as disproportionate and therefore, unconstitutional. I am not a constitutional lawyer but is there a test whereby if something is disproportionate, it cannot be constitutional?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Gerry Horkan: In terms of the reference to the voluntary code of practice, the Department of Finance is quite cutting. It argues that the draft Bill is essentially a copy and paste of the outdated voluntary code of practice. What is the Central Bank's view on the code of practice? Does it deem it to be outdated, voluntary or otherwise?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Gerry Horkan: Does it still exist and is it about to be deleted or withdrawn? What is its status?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Gerry Horkan: What is the timeline for that? Mr. Sibley is saying that, effectively, it is not being used but it is still there and available.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Gerry Horkan: Is that in the next few months?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Gerry Horkan: The opening statement reads: "The enactment of this Bill will not offer new or existing borrowers any additional regulatory consumer protection and it could have negative consequences for the functioning of the mortgage market", which the witness has outlined. Are the witnesses saying there is no single benefit for an individual borrower from this legislation? There is nothing in it for...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Gerry Horkan: In terms of the vulture funds, they are probably a relatively recent concept in the Irish financial services sector. Anybody would be a little worried if the person thought their loan was going to them, but Mr. Sibley is saying there is no greater value other than, perhaps, the existing banks have taken a more benign approach towards non-performers than the vulture funds are likely to do....
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019) Gerry Horkan: I do not believe anybody else has covered this but the ECB issued its opinion yesterday morning. Obviously, the Central Bank is very much involved with the ECB as it is part of the ECB. Is there anything in its statement? We did not read it out but I read it. It is full of nice European jargon and plenty of references to articles, treaties and so forth. Ultimately, it is obvious that it...
- Seanad: Civil Liability (Capping of General Damages Bill) 2019: Second Stage (28 Mar 2019)
Gerry Horkan: I am not here to speak on behalf of any of my colleagues, including my party colleague who has spoken, but to put a number of matters on the record, including the fact that Fianna Fáil will support the legislation moving to the next Stage. My party supports the objectives of the Bill, of which I am especially conscious as Vice Chairman of the Joint Oireachtas Committee on Finance,...
- Seanad: Civil Liability (Capping of General Damages Bill) 2019: Second Stage (28 Mar 2019)
Gerry Horkan: I will resume now and I apologise to those who may be watching proceedings. I decided to wait because there is no point in talking to myself. People blame each other for this problem. Insurance company profits, particularly in the motor insurance industry, were not particularly good for a number of years.If they were, we would have had many more entrants into the market. They have gone up...
- Seanad: Civil Liability (Capping of General Damages Bill) 2019: Second Stage (28 Mar 2019)
Gerry Horkan: I know he does not mean to distract me, but he is doing so.
- Seanad: Civil Liability (Capping of General Damages Bill) 2019: Second Stage (28 Mar 2019)
Gerry Horkan: I thank the Chair for pointing that out.