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Public Accounts Committee: 2014 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2014
Chapter 2 - Government Debt
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2014
Finance Accounts 2014
(3 Dec 2015)

John Deasy: The point Mr. Moran has made is that the saving is-----

Public Accounts Committee: 2014 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2014
Chapter 2 - Government Debt
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2014
Finance Accounts 2014
(3 Dec 2015)

John Deasy: -----made on the US side-----

Public Accounts Committee: 2014 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2014
Chapter 2 - Government Debt
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2014
Finance Accounts 2014
(3 Dec 2015)

John Deasy: -----predominantly.

Public Accounts Committee: 2014 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2014
Chapter 2 - Government Debt
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2014
Finance Accounts 2014
(3 Dec 2015)

John Deasy: And, on our side, it is negligible with regard to the windfall from these tax inversions.

Public Accounts Committee: 2014 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2014
Chapter 2 - Government Debt
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2014
Finance Accounts 2014
(3 Dec 2015)

John Deasy: Yes.

Public Accounts Committee: 2014 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2014
Chapter 2 - Government Debt
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2014
Finance Accounts 2014
(3 Dec 2015)

John Deasy: Yes. As far as the IBRC is concerned, under the public spending code, as Mr. Watt explained when he last appeared before the committee, when Exchequer moneys are expended there needs to be an analysis and an assessment done on any particular measure. Was the Department involved in any respect when it came to the IBRC inquiries? Was the Department involved in putting together that...

Public Accounts Committee: 2014 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2014
Chapter 2 - Government Debt
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2014
Finance Accounts 2014
(3 Dec 2015)

John Deasy: Does the Department have a role in analysing the cost of these commissions of inquiry at all?

Public Accounts Committee: 2014 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2014
Chapter 2 - Government Debt
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2014
Finance Accounts 2014
(3 Dec 2015)

John Deasy: Does the Department have a role?

Public Accounts Committee: 2014 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2014
Chapter 2 - Government Debt
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2014
Finance Accounts 2014
(3 Dec 2015)

John Deasy: I raise this because-----

Public Accounts Committee: 2014 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2014
Chapter 2 - Government Debt
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2014
Finance Accounts 2014
(3 Dec 2015)

John Deasy: Is it entirely the remit of the Department of Public Expenditure and Reform?

Public Accounts Committee: 2014 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2014
Chapter 2 - Government Debt
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2014
Finance Accounts 2014
(3 Dec 2015)

John Deasy: I understand the Taoiseach's role. Does the Department of Finance play a role in the analysis of how much any of these inquiries would cost?

Public Accounts Committee: 2014 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2014
Chapter 2 - Government Debt
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2014
Finance Accounts 2014
(3 Dec 2015)

John Deasy: That is fine. That is all I am getting at. Thank you.

Public Accounts Committee: 2014 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2014
Chapter 2 - Government Debt
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2014
Finance Accounts 2014
(3 Dec 2015)

John Deasy: The Chairman has been saying that for the past four weeks.

Harbours Bill 2015: Report and Final Stages (2 Dec 2015)

John Deasy: As I understand it, the Bill allows for the transfer of shareholdings in certain port companies to local authorities, and for the transfer of certain port companies to local authority control. I support the premise. The amendment refers to stakeholders and community groups and is about proper utilisation of ports. We dealt with fishing ports on the Committee of Public Accounts and I...

Leaders' Questions (2 Dec 2015)

John Deasy: Frankie, get up again.

Topical Issue Debate: Living City Initiative (1 Dec 2015)

John Deasy: The Heritage Council policy document came about when the Heritage Council launched its January 2014 report entitled, Assessment of Possible Fiscal Incentives in Relation to the Built Heritage in Ireland's Towns. At the launch, the Minister's former Secretary General, Mr. John Moran, challenged the Heritage Council to identify the role of the small town with heritage attributes in Irish...

Topical Issue Debate: Living City Initiative (1 Dec 2015)

John Deasy: There is a growing realisation that the take-up of the Living City initiative has not been good so far. The Minister for Finance described it recently as "miniscule". From what I have read, there seems to be a movement in the direction of extending this to towns in some way. I want to put forward another suggestion, which is to extend the initiative specifically to the counties of Waterford...

Order of Business (1 Dec 2015)

John Deasy: The Taoiseach said earlier with regard to legislation and proposals on IBRC that Opposition Members wiould be allowed give their input into how they feel this should be constructed. Other Members should be given that opportunity also. It has been dealt with by the Committee of Public Accounts. We have found out since last week that €3 million has been asked for by the end of 2016....

Order of Business (1 Dec 2015)

John Deasy: The Deputy should talk to Deputy John McGuinness.

Public Accounts Committee: Business of Committee. (26 Nov 2015)

John Deasy: Last week, Mr. Robert Watt, Secretary General of the Department of Public Expenditure and Reform, appeared before the committee. The Chairman raised the issue of the Fennelly commission and words were used to the effect that there should not be a blank cheque involved in that commission of investigation. I raised the issue of the Irish Bank Resolution Corporation, IBRC, and the uncertainty...

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