Results 7,241-7,260 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Tax Collection: Tax Collection (25 Mar 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the named person advised them on 13 August 2008 of his wife's Disability Benefit income (DSFA Illness Benefit) for the year 2007. Following receipt of this information, his tax position for 2007 was reviewed to include this additional income and, on this basis, an underpayment of €770.41 (not €77.41 as quoted in this question) was calculated....

Written Answers — Tax Collection: Tax Collection (25 Mar 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the person (details supplied) received a tax refund of €2,316.74 on 21 November 2008 following a review of his overall tax position for 2008. A further refund of €193.38 for the above year issued to him on 9 February 2009 following receipt of a subsequent claim for health expenses. Based on all available information there is no further refund...

Written Answers — National Lottery Funding: National Lottery Funding (25 Mar 2009)

Brian Lenihan Jnr: The Government decides on an annual basis the amount of funding which is to be allocated to subheads which are part-funded by the proceeds of the National Lottery. This occurs in the context of decisions on the Estimates for Public Services for the following year. The proceeds of the National Lottery are treated as an item of non-tax revenue and partly fund such expenditure. No deviation...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (25 Mar 2009)

Brian Lenihan Jnr: Anglo Irish Bank is operating as a going concern, being run on arm's length commercial basis. Accordingly, matters relating to the normal commercial business of the bank, which includes the management of assets held by the bank, whether acquired on foot of loan defaults or otherwise, are a matter for the Board of Anglo. The Government's focus to date has been on asset quality generally and...

Written Answers — Tax Code: Tax Code (25 Mar 2009)

Brian Lenihan Jnr: As the Deputy will be aware, it is not customary for the Minister for Finance to comment on possible tax and expenditure changes in advance of the Budget.

Written Answers — Sports Capital Programme: Sports Capital Programme (25 Mar 2009)

Brian Lenihan Jnr: The allocation provided for the sports capital programme in each of the past five years is as follows: Year â'¬m 2004 63.597 2005 61.926 2006 62.724 2007 49.250 2008 56.000 The 2004 allocation was fully funded from the proceeds of the National Lottery. Since 2005, the total allocation for subheads which had formerly been funded entirely from the proceeds of the National Lottery has...

Pre-Budget Statements (Resumed) (25 Mar 2009)

Brian Lenihan Jnr: The report prepared by Dr. Bacon has been passed to me and will inform the Government's ongoing considerations involving the Financial Regulator, the Central Bank, the NTMA and its legal and financial advisers. Structurally, reform is needed in the regulatory and supervisory system. I will announce in more detail the sweeping reforms that will be introduced in due course but they will...

Pre-Budget Statements (Resumed) (25 Mar 2009)

Brian Lenihan Jnr: On 7 April I will present to the House a supplementary budget which will set out a comprehensive strategy to place the public finances on a sustainable footing for the rest of this year and the years ahead, and to prepare the economy for renewal and revitalisation when international conditions improve. The supplementary budget will build on a sequence of measures deliberately introduced to...

Pre-Budget Statements (Resumed) (25 Mar 2009)

Brian Lenihan Jnr: I am not aware of the position of Mr. Fingleton.

Pre-Budget Statements (Resumed) (25 Mar 2009)

Brian Lenihan Jnr: As I indicated, I have had a discussion. This is not Question Time. I noted the Deputy's comments yesterday evening. It is important that she notes I had a full discussion yesterday with the two directors appointed to the board of the society at my request and that I raised certain matters with them. These matters will be under consideration by the board of the society later this week and...

Pre-Budget Statements (Resumed) (25 Mar 2009)

Brian Lenihan Jnr: I am not putting myself in the position of decision maker in this matter. Deputy Burton is well aware of the corporate governance rules that apply.

Pre-Budget Statements (Resumed) (25 Mar 2009)

Brian Lenihan Jnr: My concerns have been fully expressed to the relevant directors at Irish Nationwide Building Society. They met me with the consent of the board and will raise these issues with it and report back to me. That is how Ministers should conduct themselves. With regard to the banking system, Deputies should conduct themselves with a degree of restraint in this matter because what is said in the...

Pre-Budget Statements (Resumed) (25 Mar 2009)

Brian Lenihan Jnr: I have nothing to apologise for——

Pre-Budget Statements (Resumed) (25 Mar 2009)

Brian Lenihan Jnr: We all know where Deputy Burton stood with regard to the banking system last September. It would not be in place now if the House had followed her advice.

Pre-Budget Statements (Resumed) (25 Mar 2009)

Brian Lenihan Jnr: I stress the Government's commitment to continuing to review the position of the financial system——

Pre-Budget Statements (Resumed) (25 Mar 2009)

Brian Lenihan Jnr: ——and to protect relevant institutions. In the context of the six-month review of the guarantee scheme to be completed by mid-April, the Government will examine how the scheme might be revised subject to European Commission approval and consistent with EU state aid requirements to achieve a reduction in risk overall, including by supporting longer term bond issuance by the covered...

Pre-Budget Statements (Resumed) (25 Mar 2009)

Brian Lenihan Jnr: The report prepared by Dr. Bacon for the NTMA has been passed to me and it will inform the Government's ongoing considerations——

Pre-Budget Statements (Resumed) (25 Mar 2009)

Brian Lenihan Jnr: ——involving the Financial Regulator, the Central Bank, the NTMA and its legal and financial advisers.

Pre-Budget Statements (Resumed) (25 Mar 2009)

Brian Lenihan Jnr: Let us be clear on one point. Deputy Burton has a choice with regard to the future of the country. We have a banking system in place.

Pre-Budget Statements (Resumed) (25 Mar 2009)

Brian Lenihan Jnr: Deputy Burton chose to oppose the guarantee given to the banks last September——