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Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Mark Daly: I am dealing with the wording of the recommendation.

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Mark Daly: Pardon?

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Mark Daly: It is not as pathetic as the wording of the recommendation.

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Mark Daly: If you are going to come into this House-----

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Mark Daly: ----you should at least say "two months".

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Mark Daly: You are the one talking to me and I am talking to you.

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Mark Daly: As Senator Leyden said, we should make declarations about this and I, as an auctioneer, was involved in selling section 23 properties.

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Mark Daly: I felt at the time that some of these tax exemption sections were quite good, such as the section dealing with nursing homes, but the holiday home exemptions went on for too long. Senator Ross is right about that. They should have been closed off in many areas. In my home town there were a number of planned developments and we were lucky they did not go ahead. If, however, the section was...

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Mark Daly: If that loss were extended to cover other fire sales in similar properties, including section 23 properties, the cost to the taxpayer would be in the hundreds of millions, if not billions, of euro. If section 23 relief is withdrawn unilaterally, there will be a double crash. I raised a related point during the week that NAMA was not following the legislative provisions in the selling of...

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Mark Daly: I will.

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Mark Daly: I have not. I am not an investigator, but NAMA is not following the code of conduct. It says it does do not have to. Transparency is the key factor in this matter, but NAMA is not following the code of conduct.

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Mark Daly: As I am not a member of the Garda, I cannot do that. When I have information of wrongdoing, I will put it before somebody.

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Mark Daly: NAMA has turned around and said it does not have to follow the code of conduct for the sale of State assets. I maintain these are State assets because we provided the money. NAMA owes us the money. I do not care whether NAMA follows the code or not, but there is no transparency and there are bad practices going on. I do not want to be doing a post mortem here in a year's time when it has...

Seanad: Order of Business (28 Jan 2011)

Mark Daly: Fine Gael could have blocked the Finance Bill.

Seanad: Order of Business (28 Jan 2011)

Mark Daly: We could have begun the election campaign last Tuesday.

Seanad: National Monument at 14-16 Moore Street, Dublin: Statements (26 Jan 2011)

Mark Daly: I welcome the relatives of some of those who fought in 1916 and gave their lives for the country. Thomas Davis who was from Mallow would be proud today that a fellow Corkman was elected leader of Fianna Fáil. In his famous song, "A Nation Once Again", he wrote the line, "three hundred men and three men" to describe how the Greeks had taken on the Persians. As far as the British were...

Seanad: Order of Business (26 Jan 2011)

Mark Daly: Will we move it to the following week?

Seanad: Order of Business (26 Jan 2011)

Mark Daly: Senator Bacik should come up with solutions not with problems.

Seanad: Order of Business (26 Jan 2011)

Mark Daly: Why did the Labour Party not push the motion?

Seanad: Order of Business (26 Jan 2011)

Mark Daly: She is making claims that do not stand up.

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