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Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Alex White: On a point of order, it does not, in fact, do that. What the Acting Chairman has just said is inaccurate. It calls for the preparation of a report.

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Alex White: There seems to be a misunderstanding. I raise a point of order pursuant to Standing Order 40. With respect, there is a misunderstanding on the part of the Cathaoirleach because this is not a proposal for a Tobin tax, rather, it is a proposal that a report be prepared. There are seven other recommendations before the House, from my party and others, calling for reports to be prepared. In...

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Alex White: That is very helpful. I wish to establish that there will not now be another reason why the recommendations cannot be raised on Report Stage, as they have not been moved on Committee Stage.

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Alex White: That is very helpful, but I am concerned it could be a dead letter. In normal circumstances, an amendment which is not moved on Committee Stage cannot be moved on Report Stage. Another obstacle has now been created.

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Alex White: I support the recommendation and the idea behind it. It is important to make the distinction between the principle of introducing staged payments in, say, personal injuries accidents and the tax treatment of such payments. Although they are linked, these are slightly different. What I understand as being proposed is a very sensible progressive means of ensuring the tax treatment of such...

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Alex White: I raise this matter for the purposes of information. I refer to the change to the age-related tax credit for health insurance premiums. I am not raising a query in the sense that I am not opposing this measure and I do not have any basis for opposing it. On the face of it, this looks quite acceptable. However, I have two questions. What is the policy rationale for this, in terms of...

Seanad: Order of Business. (25 Mar 2010)

Alex White: I have been notified that an amendment my party and I have tabled to the finance Bill has been ruled out of order because it involves a potential charge on the people. I accept this is in accordance with procedure and I will deal with the matter if I get an opportunity to do so when we come to debate the Bill. However, in the expectation that I will not get very far in expressing my...

Seanad: Order of Business. (25 Mar 2010)

Alex White: Will the Deputy Leader indicate why they have not been published? He indicated that he believed they should be published quickly when the former Senator de Búrca explosion occurred a few weeks ago. Will he indicate when they will be published and, if he cannot do so, the reason for the delay? We are informed by RTE that the Minister and the Attorney General have them. The Attorney...

Seanad: Order of Business. (25 Mar 2010)

Alex White: Will the Deputy Leader assist me on one aspect of what has been stated this morning, that is, planning permissions given by this body were considered non-compliant? That is the phrase used by RTE which did not inform us with what the agency was not compliant. I presume it meant the agency was not compliant with the planning code, as we understand it. If that is what is intended to be...

Seanad: Order of Business. (25 Mar 2010)

Alex White: One political party.

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Alex White: I have listened carefully and with great interest to the debate. There are fundamental questions that arise in the course of the discussion that deserve lengthier treatment, perhaps on another occasion. Senator O'Toole is correct to raise the overarching policy implications of what is proposed. On the face of it, what is proposed has an attraction. However, there is one aspect on which...

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Alex White: No one said that.

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Alex White: I move recommendation No. 29: In page 160, between lines 33 and 34, to insert the following subsection: "(2) The Minister shall within one month from the passing of this Act prepare and lay before Dáil Éireann a report on the estimate of the VAT likely to be charged by local and public authorities annually under this section and an estimate of the amount such authorities will be likely to...

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Alex White: The recommendation did not seek the information today and I accept the Minister's point that it is not easily ascertainable. Given the complexities she just set out, I even accept it might not be possible to ascertain the information in a month. I would be amenable to a suggestion similar to the Minister's earlier recommendation for a provision from one to three or more months to ascertain...

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Alex White: I move recommendation No. 35: In page 210, before section 149, to insert the following new section: 149.—The following section is inserted in the National Asset Management Agency Act 2009 after section 1: "1A.—(1) For the purposes of this Act, 'the Oversight Committee' shall mean a committee of the Houses of the Oireachtas, or a sub-committee thereof so enjoined and appointed by a...

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Alex White: I am a reasonably active Member of the Oireachtas and I have not spotted any oversight going on around here in the past three months. If anybody else has seen any they might speak up because I have not seen a single item of oversight of NAMA in a committee or on the floor of this House, and there has not been any in the other House. That is my response to the Minister's first point about...

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Alex White: I move recommendation No. 36: In page 210, before section 149, to insert the following new section: 149.---The following section is inserted in the National Asset Management Agency Act 2009 after section 2: "2A.---Every 6 months NAMA shall report to the Houses of the Oireachtas setting out details of its operation including the identities of the owners of, and particulars (including value)...

Seanad: Finance Bill 2010 (Certified Money Bill): Report and Final Stages. (25 Mar 2010)

Alex White: On a point of order, I ask the Cathaoirleach to reconsider his ruling or if he is not prepared to do so - in which case I will respect his ruling - to indicate the basis for it. I note that two Committee Stage recommendations were drafted in precisely the same terms, that the Minister should within a particular period from the passing of the Bill "prepare and lay before Dáil Éireann a...

Seanad: Finance Bill 2010 (Certified Money Bill): Report and Final Stages. (25 Mar 2010)

Alex White: There is no proposal for the introduction of such a tax. That is a misreading of the recommendation.

Seanad: Finance Bill 2010 (Certified Money Bill): Report and Final Stages. (25 Mar 2010)

Alex White: It might have been better if perhaps the decision had been communicated in those terms earlier. Recommendation No. 1 not moved.

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