Results 881-900 of 11,861 for speaker:Brian Hayes

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Brian Hayes: I move amendment No. 17: In page 8, subsection (2), line 39, to delete "a business" and substitute "activities otherwise than as an employee".

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Brian Hayes: I move amendment No. 18: In page 8, subsection (2)(a), line 40, to delete "the trading name of the business" and substitute the following:"any trading name, the nature of the entity by which the activities are carried on".

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Brian Hayes: I move amendment No. 19: In page 9, subsection (2)(b), line 2, to delete "business is" and substitute "activities are".

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Brian Hayes: I move amendment No. 20: In page 9, subsection (2)(c), line 3, to delete "the business;" and substitute "any place where the activities are carried on.".

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Brian Hayes: I move amendment No. 21: In page 9, subsection (2), line 4, to delete paragraph (d).

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Brian Hayes: I move amendment No. 22: In page 9, subsection (3)(a), lines 7 and 8, to delete all words from and including "and" in line 7 down to and including "subject" in line 8 and substitute the following:", the nature of the entity it is and any registration number issued to it".

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Brian Hayes: I move amendment No. 23: In page 9, subsection (3)(b), lines 11 and 12, to delete "business of the credit information subject is" and substitute "activities of the credit information subject are".

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Brian Hayes: I move amendment No. 24: In page 9, subsection (3), lines 16 and 17, to delete paragraph (d) and substitute the following:"(d) all reference numbers allocated to the credit information subject for the purposes of tax (whether in the State or any other country or territory);".

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Brian Hayes: I move amendment No. 25: In page 9, subsection (3)(e), line 19, to delete "business" and substitute "its activities".

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Brian Hayes: I move amendment No. 26: In page 9, subsection (1)(b), line 41, after "nature" to insert "and extent".The Bill, at section 7(1)(b), provides for the collection of "the nature of any guarantee or indemnity, or any security, given or to be given", which, we understand, enables the bank to collect the type of guarantee, indemnity or security offered and details of whether it is, for example, a...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Brian Hayes: I move amendment No. 27: In page 9, subsection (1)(b), line 42, after "given" where it secondly occurs to insert "and details of any associated valuation".

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Brian Hayes: I move amendment No. 28: In page 9, subsection (1)(c), line 43, to delete "payable." and substitute the following:“payable;(d) any identifying number allocated to the credit application or credit agreement, or to the credit information subject, by the credit information provider; (e) details of any risk rating undertaken in relation to the credit applied for or agreed; (f) details of...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Brian Hayes: I move amendment No. 29: In page 10, subsection (2), lines 35 to 42, to delete paragraphs (a) and (b) and substitute the following:"(a) in the case of credit information to which section 7(2)(b) applies, until the end of the period of 5 years beginning with the day on which the proposal is withdrawn or the arrangement is terminated, (b) in the case of credit information to which section...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Brian Hayes: I move amendment No. 5: In page 7, subsection (1), between lines 8 and 9, to insert the following:“ “related undertaking”, in relation to a company, means -- (a) a subsidiary of the company, (b) the holding company of the company, (c) a subsidiary of --(i) the holding company of the company, or (ii) a subsidiary of that holding company,and for this purpose “holding...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Brian Hayes: I move amendment No. 6: In page 7, subsection (2)(b), line 16, to delete “proper law of” and substitute “law governing”.These amendments are proposed because the phrase "proper law of" is ambiguous and is not a commonly used phrase. Following consultation with the Office of the Attorney General, it was decided that the wording "law governing" was preferable and...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Brian Hayes: I move amendment No. 7: In page 7, subsection (2)(b), line 17, to delete “proper law of” and substitute “law governing”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Brian Hayes: I move amendment No. 8: In page 7, subsection (3), line 19, to delete “the”.Section 2(3) addresses how the register will deal with possible transfers or disposals of credit agreements between credit information providers, for example, where a credit information provider originates a credit agreement and at some point prior to its conclusion disposes of some or all of its rights...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Brian Hayes: I move amendment No. 9: In page 7, subsection (3), line 21, after “is” to insert “with respect to the rights acquired”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Brian Hayes: My understanding is that this provides the legal basis for the score, but that we still have a lot to work out by way of regulation with regard to what information will be included and who will have access to it. Effectively, the bank will have access to it because it will be held there. However, the fuller implementation of this will be by way of regulation, which will follow the enactment...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Reporting Bill 2012: Committee Stage (23 Oct 2013)

Brian Hayes: My understanding is that this information will exist for a five year period. That is the cycle, but the question is whether it will take that long for the information to be washed through.