Results 7,041-7,060 of 16,537 for speaker:Brian Lenihan Jnr

Supplementary Budget Statement 2009 (7 Apr 2009)

Brian Lenihan Jnr: Restoring Competitiveness Our economy must return to being driven by sustainable export-led growth, rather than by domestic demand. To do so our price and cost structure must fall relative to our trading partners. Private sector wages need to adjust and are adjusting. I hear examples every day of companies and employees reducing costs and changing work practices in order to safeguard...

Supplementary Budget Statement 2009 (7 Apr 2009)

Brian Lenihan Jnr: PROTECTING JOBS AND HELPING THOSE WITHOUT JOBS Minimising the level of joblessness is crucial to the Government's integrated approach.

Supplementary Budget Statement 2009 (7 Apr 2009)

Brian Lenihan Jnr: Enterprise Stabilisation Fund The Government can help with the process of supporting employment by a redirecting of the NDP to support employment and enterprise. The broad cost of each thousand people who lose their jobs is now estimated at about €21 million. In order to support employment, the Tánaiste and Minister for Enterprise, Trade and Employment will set up an enterprise...

Supplementary Budget Statement 2009 (7 Apr 2009)

Brian Lenihan Jnr: In our short history as a nation, we have demonstrated our capacity to overcome economic adversity. We have worked together to build this economy into one of the most successful in the world. We must now work to save it from a downward spiral. Even with a crisis, opportunities arise. As we recast and restructure our fiscal policy, we can transform the way in which we do business in this...

Supplementary Budget Statement 2009 (7 Apr 2009)

Brian Lenihan Jnr: We are asking this House and the people we represent to work with us in its implementation. I commend these measures to the House.

Supplementary Budget Statement 2009 (7 Apr 2009)

Brian Lenihan Jnr: As Minister for Finance for the past ten months, I have submitted one budget and two rounds of expenditure adjustments to this House. Economic turmoil throughout the world and in Ireland dictated these measures. The measures that I am bringing forward today will complete this process for 2009. I assure the people that we have the capacity and the Government has the will to bring us out of...

Written Answers — Tax Code: Tax Code (2 Apr 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that as a general rule all vehicles imported permanently into the State must register for VRT purposes within one working day of arrival. This rule applies equally to vehicles imported by EU and non EU persons. In practice, Revenue allows latitude of a maximum of seven days for registration. However, section 135(a) of the Finance Act 1992 permits a...

Written Answers — Pension Levy: Pension Levy (2 Apr 2009)

Brian Lenihan Jnr: Public servants who are members of public service pension schemes are liable to pay the pension-related deduction legislated for in the Financial Emergency Measures in the Public Interest Act 2009. On this basis, third-level researchers on fixed-term and temporary contracts must pay the deduction, since they are members of the relevant occupational pension schemes. They are just one of many...

Written Answers — Departmental Staff: Departmental Staff (2 Apr 2009)

Brian Lenihan Jnr: As I indicated to your colleague Deputy Brian Hayes on 10th March, there are 12 officers with professional accountancy qualifications currently employed in my Department. In addition, a further 7 staff have degrees in Accounting or accounting related disciplines.

Written Answers — Decentralisation Programme: Decentralisation Programme (2 Apr 2009)

Brian Lenihan Jnr: The attached table sets out details provided to my Department of staff moved to date under the decentralisation programme. Decentralisation — Organisations and Staff Moved Position Last Updated: 1st April 2009 Location Organisation Staff moved Carlow 1 Carlow (advance party) Dept of Enterprise Trade & Employment 101 Cavan 2 Cavan (advance party) Dept of Communications Energy &...

Written Answers — Tax Code: Tax Code (2 Apr 2009)

Brian Lenihan Jnr: EU Member States are entitled under EU law to charge National taxes provided that such taxes are applied equally to imported and indigenous goods. In this regard, VRT complies with EU law in that the VRT charged on a second hand (used) vehicle imported into the State is equivalent to the amount of residual VRT contained in a similar Irish vehicle that is registered in the State. VRT has been...

Written Answers — Departmental Agencies: Departmental Agencies (2 Apr 2009)

Brian Lenihan Jnr: The remuneration packages of all National Treasury Management Agency staff, including that of its CEO, are negotiated on an individual contract basis and are confidential. According to the National Treasury Management Agency's 2007 Annual Report — their most recent Annual Report — total salaries and bonuses amounted to €16.4 million in 2007. The administration accounts (including pay...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (2 Apr 2009)

Brian Lenihan Jnr: I am advised by the Financial Regulator and the Central Bank that the data which are collected from the resident offices of banks operating in Ireland are not collated in such a way as would enable the information requested by the Deputy to be supplied.

Written Answers — Tax Code: Tax Code (2 Apr 2009)

Brian Lenihan Jnr: The House will appreciate that I do not propose to comment on what may or may not be contained in the forthcoming supplementary Budget.

Written Answers — Financial Services Regulation: Financial Services Regulation (2 Apr 2009)

Brian Lenihan Jnr: I met with one of the insurance brokers' representative associations on 17 February last. The specific issue they highlighted was in relation to the conclusions drawn in a recent Regulatory Impact Assessment (RIA) which was conducted by my Department. This recommended that, when amending the Insurance Mediation Regulations (S.I. No. 13 of 2005), the existing regulatory regime should be...

Written Answers — Financial Services Regulation: Financial Services Regulation (2 Apr 2009)

Brian Lenihan Jnr: At the outset I would like to point out to the Deputy that the decision on any exemptions from the Financial Regulator's Consumer Protection Code (CPC) is a matter for the Financial Regulator under Section 117 of the Central Bank Act 1989. I only have the right to be consulted when the Financial Regulator draws up, amends or revokes one of its Codes of Practice. The CPC already contains some...

Written Answers — Financial Services Regulation: Financial Services Regulation (2 Apr 2009)

Brian Lenihan Jnr: In progressing the agenda for the reform of the Irish financial regulatory system, the Government will make appointments to the regulatory authority based on the authoritative standing, expertise and experience of individuals. The Financial Services Consultative Industry Panel is intended to be representative of the industry as a whole and no particular organisation or group is automatically...

Written Answers — Mortgage Agreements: Mortgage Agreements (2 Apr 2009)

Brian Lenihan Jnr: The Deputy's question refers to the redemption fee applied by mortgage providers in circumstances that a customer seeks to break a fixed rate mortgage. Mortgage lenders in Ireland generally seek to recover costs of funds when a borrower with a fixed rate mortgage agreement seeks to terminate the agreement some time before the term agreed. Traditionally redemption fees were articulated with...

Written Answers — Departmental Programmes: Departmental Programmes (2 Apr 2009)

Brian Lenihan Jnr: Tax relief was provided in the Finance (No 2) Act 2008 where an employer provides a bicycle for an employee. My Department is currently examining the best practice in implementing the scheme particularly in relation to procurement, warranty and insurance issues. Advice on these issues has been sought from the State Claims Agency, Chief State Solicitors Office and Office of the Attorney...

Written Answers — Tax Code: Tax Code (1 Apr 2009)

Brian Lenihan Jnr: The Deputy will be aware that charities law is a matter for the Department of Community, Rural and Gaeltacht Affairs. However, the case indicated by the Deputy concerns tax relief on donations to charities and was referred to the European Court of Justice by the German courts. The case involved a German taxpayer that had been refused tax relief on the donation of certain goods to the Centro...