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Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Collapse of Setanta Insurance: Central Bank and Department of Finance (9 Jul 2014)

Ciarán Lynch: What makes Malta unique? In this circumstance, what makes it different from an Irish company going wallop?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Collapse of Setanta Insurance: Central Bank and Department of Finance (9 Jul 2014)

Ciarán Lynch: Let us say, for example, that I approached a broker in the morning, as I assume most people who took out Setanta insurance got it through a brokerage. To use Mr. Casey's own term of a safety net in the context of the absence of harmonisation across the European Union, depending on the insurance company with which one deals, that safety net is either closer to the ground or higher up. In the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Collapse of Setanta Insurance: Central Bank and Department of Finance (9 Jul 2014)

Ciarán Lynch: No. 7 on today's agenda is a review of the collapse of Setanta Insurance and matters in relation to the insurance compensation fund. We are joined by representatives of the Central Bank of Ireland and officials from the Department of Finance. In commencing proceedings, I welcome Mr. Bernard Sheridan, director of consumer protection, Mr. Colm Kincaid, head of consumer protection, and Mr....

Order of Business (8 Jul 2014)

Ciarán Lynch: We have not gone away.

Written Answers — Department of Social Protection: Disability Allowance Appeals (8 Jul 2014)

Ciarán Lynch: 373. To ask the Minister for Social Protection when a determination will be made on an appeal for a disability allowance in respect of a person (details supplied) in County Cork [29134/14]

Written Answers — Department of Health: Medical Card Reviews (8 Jul 2014)

Ciarán Lynch: 748. To ask the Minister for Health if a person (details supplied) in County Cork who made an unsuccessful medical card application in 2012 is included in the special review of medical cards currently being undertaken; and if he will make a statement on the matter. [29544/14]

Written Answers — Department of Health: Medical Card Data (3 Jul 2014)

Ciarán Lynch: 187. To ask the Minister for Health the number of the 52,322 medical cards which were not renewed because the cardholder did not respond that were subsequently reinstated; and if he will make a statement on the matter. [28772/14]

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: I thank the Minister, his officials and the committee members for engaging in a robust, detailed and lengthy exchange on this legislation.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Message to Dáil (1 Jul 2014)

Ciarán Lynch: In accordance with Standing Order 87, the following message will be sent to the Dáil: The Select Sub-Committee on Finance has completed its consideration of the National Treasury Management Agency (Amendment) Bill 2014 and has made amendments thereto.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: Amendments Nos. 50 and 52 are related and may be discussed together, by agreement.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: The memorandum has to be updated.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: Amendment No. 53 is consequential on amendments Nos. 46 and 47. Amendments Nos. 46, 47 and 53 will be discussed together.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: Amendment No. 42 is in the name of the Minister. Amendment No. 42 is consequential on amendment No. 49, therefore, amendments Nos. 42 and 49 will be discussed together.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: Other matters come before this legislation. Banking union legislation has a bail-in, rather than a bailout. I am not sure whether Deputy Pearse Doherty is correct in what he says so we need a brief to examine his concern regarding bailing out banks.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: Amendments Nos. 35, 37 and 38 are related and will be discussed together.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: It is definitely getting late.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: The Minister may speak to amendment No. 31 also. He addressed amendments Nos. 30 and 32.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: Amendments Nos. 25 to 28, inclusive, are related and will be discussed together.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: Amendments Nos. 30 to 32, inclusive, are related and will be discussed together.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Ciarán Lynch: My understanding is that the entities in question must be enterprises. Deputy Higgins might be in the space if he is talking about affordable housing programmes that are enterprising and where a profit is being made to some extent, albeit for a social gain, and to be reinvested. If a capital investment by the State is involved, which goes onto the State asset book as a capital investment,...

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