Results 6,841-6,860 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Banking Sector: Banking Sector (30 Apr 2009)

Brian Lenihan Jnr: Anglo Irish Bank is being run on an arms length commercial basis. Accordingly, the normal ongoing business of the bank, which includes the pay and conditions of staff, is a matter for the Board of Anglo. Notwithstanding this I am informed that no bonuses have been awarded since the Nationalisation of Anglo.

Written Answers — Tax Code: Tax Code (30 Apr 2009)

Brian Lenihan Jnr: The position is that section 531K(3) of the Taxes Consolidation Act 1997 provides for any income levy deducted from the income of a married person, jointly assessed for tax, where one or both persons are aged 65 years or over, to be repaid after the end of the tax year where the aggregate income of both spouses for the year does not exceed €40,000. The legislation provides for a refund...

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: It is proposed to take No. 12a, motion regarding a referral to joint committee of proposed approval by Dáil Éireann for a regulation of the European Parliament and of the Council establishing a European Asylum Support Office; No. 3, Criminal Justice (Surveillance) Bill 2009 - Second Stage (resumed); No. 21, Housing (Miscellaneous Provisions) Bill 2008 [Seanad] - Second Stage (resumed); and...

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: The decision in principle was made at the time of the budget. I commend RTE for the very responsible coverage it gave this issue this morning and the extensive explanation the Revenue Commissioners gave on the implementation of this measure.

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: The question of principle is that the Government proposes to restrict the availability of mortgage interest relief to a seven year period. That applies to anybody who has bought a house for the first time, moved up to another House or who has improved their house. It applies in all those circumstances.

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: The Revenue Commissioners have made it clear that in the implementation of this measure there will be no change for a first-time buyer. For those who have improved their houses or traded up to another house and taken out a mortgage in the last seven years, the interest relief continues to be available. However, the Revenue Commissioners have made it clear that non-first time buyers do not...

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: They are satisfied that the vast majority of non-first time buyers can be dealt with through their arrangements with the relevant financial institutions. There is a small number of non-first time buyers whom the Revenue may wish to contact and they will make the necessary contact before the position is finalised.

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: I urge those who are concerned about this matter to refer to the Revenue website where extensive information is available on this matter. The issue of principle has been decided and this is a matter of implementation.

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: Deputies Bruton and Ó Caoláin raised the long standing practice that the House does not sit until the Wednesday after a bank holiday Monday. It has always been the tradition and custom of this House. If it is wished to review that arrangement it can be discussed between the Whips.

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: On Deputy Burton's suggestion that the Government should meet on Tuesday, we are meeting on Tuesday and have many matters to study-----

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: As Minister for Finance I have not sanctioned the expense of an interactive white board for Government meetings. On the suggestion that we should meet at 10.30 a.m. on Wednesday morning, the commemoration by the State of the 1916 Rising takes place at Arbour Hill on Wednesday morning. As Deputy Ó Caoláin acknowledges, the Minister for Health and Children is at an emergency meeting in...

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: Deputy Bruton raised the question about the changes in the Irish banking system and their management. He suggested there had been no change in the banking sector in Ireland, whatever about the Government. The position is that of the 12 chairmen and chief executives of the institutions guaranteed last September, seven of them no longer occupy the positions they held at that time. That is a...

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: It is the position that of the 12 chairmen and chief executives of the guaranteed institutions, seven have departed since last September.

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: On the question of taxation-----

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: Facts are facts, Deputy. On the issue of taxation-----

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: With regard to the four budgetary adjustments that have taken place in the last year, the position is that this has had the result of reducing a potential deficit of 15% of our annual wealth to 10.5%. I should tell Deputy Bruton that this is a substantial fiscal achievement and it was secured in relation to expenditure as well as taxation. I will now turn to the other issues raised. The...

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: I will have to communicate with the Deputy on the amendment to which he referred. It should be possible to do this with speed.

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: The heads of the financial services (deposit guarantee scheme) Bill were approved by Cabinet this week and it will be published in a matter of weeks. The delay in regard to the publication of this legislation was occasioned by the fact the EU decided to draw up a directive in this area and we had to revise the Bill in light of our obligations under the directive. The draft heads of the...

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: The Bill proposes to amalgamate the National Gallery of Ireland, the Irish Museum of Modern Art and the Crawford Gallery and to the merge the National Archives, the Manuscripts Commission and the National Library. However, it is not possible to indicate a publication date at this stage.

Order of Business (30 Apr 2009)

Brian Lenihan Jnr: It is expected to be published this session.