Results 7,721-7,740 of 16,537 for speaker:Brian Lenihan Jnr

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (Resumed) (24 Feb 2009)

Brian Lenihan Jnr: I thank Deputies for their contributions. We have had a useful debate. I look forward, as the Bill progresses through the House on Committee and Report Stages, to a fuller engagement on the many issues relating to the Bill that have been raised. This emergency legislation has been drafted and introduced in the House over a short period of time. That is the nature of emergency legislation....

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (Resumed) (24 Feb 2009)

Brian Lenihan Jnr: Tomorrow. Committee Stage ordered for Wednesday, 25 February 2009.

Financial Emergency Measures in the Public Interest Bill 2009: Financial Resolution (24 Feb 2009)

Brian Lenihan Jnr: I move: THAT provision be made— (a) for the deduction, from the remuneration of certain public servants who are members of certain occupational pension schemes or entitled to benefit under such a scheme or receive a payment in lieu of membership in such a scheme, at various rates in respect of certain amounts of such remuneration, (b) for the making of regulations for the calculation,...

Banking System: Motion. (24 Feb 2009)

Brian Lenihan Jnr: Is the Deputy looking at events around the world?

Banking System: Motion. (24 Feb 2009)

Brian Lenihan Jnr: I regret to say President Obama has backed off that proposal already. I move amendment No. 1: To delete all words after "That" and substitute the following: Dáil Éireann: notes that the Government has taken determined and decisive action to restore, through the bank guarantee scheme, recapitalisation and otherwise, the health and reputation of the financial system; notes that the Government...

Written Answers — Motor Taxation: Motor Taxation (19 Feb 2009)

Brian Lenihan Jnr: I understand from the Revenue Commissioners that if a vehicle is Type Approved for use on the road, it must be registered and subsequently motor taxed before it can be driven on public roads. If the vehicle is not Type Approved for use on the road, then it cannot be registered, or driven on the road; and so the issue of motor tax does not arise. As the Deputy will be aware the issue of...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (19 Feb 2009)

Brian Lenihan Jnr: The importance of having a regulatory system that provides financial stability and fosters probity has become all the more clear to us now in a time of severe financial dislocation, both nationally and internationally. It is accepted that a new and better co-ordinated approach to ensuring financial stability and regulation is required, with a greater degree of focus on areas such as risk...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (19 Feb 2009)

Brian Lenihan Jnr: Anglo Irish Bank is being run on an arms length commercial basis. Accordingly, commercial decisions, which include decisions on lending, whether to private or public entities, are a matter for the Board of Anglo. Notwithstanding this, I am informed that Anglo has no direct lending on the Irish loan book to State or Semi-State bodies. As the Deputy will be aware, the Board of Anglo is...

Written Answers — National Lottery Funding: National Lottery Funding (19 Feb 2009)

Brian Lenihan Jnr: I have been informed by my colleague, the Minister for Arts, Sport and Tourism that no decision has yet been taken about the timing of further rounds of the Sports Capital Programme. In the meantime, it is business as usual for those who have been awarded grants under previous rounds of the programme. The current position remains that €56m has been provided in the Vote for the Department...

Written Answers — Tax Code: Tax Code (19 Feb 2009)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that they do not have sufficient information to deal with the taxpayer's claim. Mr Vincent Murphy, Revenue Officer, Kildare District will make contact with the person concerned in relation to the matter.

Written Answers — Departmental Staff: Departmental Staff (19 Feb 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the information provided to you last year in response to a similar question (Parliamentary Question 95 of 6 November 2008) was out of date and they apologise for this error. I am now advised that, at 15 October 2008, there were 92 staff serving in Athlone including 30 at Executive Officer level. In addition, there were 2 appointments to...

Written Answers — Pension Provisions: Pension Provisions (19 Feb 2009)

Brian Lenihan Jnr: I do not have the information requested by the Deputy as my Department does not have any function in respect of such payments to former Deputies. These payments are the responsibility of the Commission of the Houses of the Oireachtas and the Deputy might consider seeking the information from it

Written Answers — Pension Provisions: Pension Provisions (19 Feb 2009)

Brian Lenihan Jnr: The information required by the Deputy is available in Statement 1.4 of the Finance Accounts. The latest published accounts are for the year 2007. In 2008, 122 former Ministers and other office holders received a ministerial pension. Four former Ministers of State received severance payments in 2008. The details of such are as follows. Pensions for Former Ministers and Other Office...

Written Answers — Tax Yield: Tax Yield (19 Feb 2009)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that an increase in the income levy from 2% and 3% to 6% on incomes above €200,000 would yield approximately €130 million in a full year. The figures are estimates from the Revenue tax-forecasting model using actual data for the year 2005 adjusted as necessary for income and employment growth for 2009. They are therefore provisional and likely...

Written Answers — Tax Yield: Tax Yield (19 Feb 2009)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that an increase in the income levy from 2% to 3% on incomes between €100,101 and €200,000 would yield approximately €35 million in a full year. However, I should point out that this would create an anomalous situation where an individual would be liable to the income levy at a rate of 1 per cent up to a ceiling of €100,100, a rate of 3 per...

Written Answers — Tax Code: Tax Code (19 Feb 2009)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the relevant information available on the cost to the Exchequer of the section 23 tax relief is based on personal income tax returns filed by non-PAYE taxpayers. The cost is estimated at €239.7 million, based on tax returns filed for the income tax year 2005, the most recent year for which the necessary detailed information is available. It...

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (19 Feb 2009)

Brian Lenihan Jnr: I acknowledge that Irish bond spreads have widened against the benchmark German bund over recent months. This is not specific to Ireland only. With particular attention to Ireland, while I am aware that the government guarantee is a factor to be considered by market participants, there are a variety of factors at play, most notably the international economic environment and the general...

Written Answers — Departmental Schemes: Departmental Schemes (19 Feb 2009)

Brian Lenihan Jnr: I propose to take Questions Nos. 100 and 102 together. My Department is considering the detailed arrangements that will be required to implement the cycle to work scheme provided for under Section 7 of the Finance (No.2) Act 2008, and is currently in discussions with the Government Supplies Agency on how the proposed scheme might be put into operation and the correct procurement procedures...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (19 Feb 2009)

Brian Lenihan Jnr: The importance of having a regulatory system that provides financial stability and fosters probity has become all the more clear to us now in a time of severe financial dislocation, both nationally and internationally. A new and better co-ordinated approach to ensuring financial stability and regulation is clearly now required, with a greater degree of focus on areas such as risk management,...

Written Answers — Departmental Staff: Departmental Staff (19 Feb 2009)

Brian Lenihan Jnr: There are no staff in my own Department who have remuneration arrangements currently in excess of a benchmarking recommendation or a Review Body recommendation. There are 3 staff at Higher Executive Officer level who were formerly in receipt of an IT gratuity payment prior to its abolition. Their total remuneration at the time exceeded the maximum of the salary scale. The staff concerned...