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Written Answers — Department of Finance: Money Laundering (2 Jul 2013)

Derek Nolan: 81. To ask the Minister for Finance if he supports the fact that publicly accessible Government registries of beneficial owners of companies, trusts and foundations be agreed as a part of the revised Anti-Money Laundering Directive; and if he will make a statement on the matter. [31781/13]

Written Answers — Department of Finance: Money Laundering (2 Jul 2013)

Derek Nolan: 136. To ask the Minister for Finance if he supports the fact that tax crimes be made a predicate offence of money laundering and that this be agreed as part of the revision of the third Anti-Money Laundering Directive; and if he will make a statement on the matter. [31782/13]

Written Answers — Department of Communications, Energy and Natural Resources: National Grid (2 Jul 2013)

Derek Nolan: 483. To ask the Minister for Communications, Energy and Natural Resources the number of persons who have availed of the offers in relation to Gate 3 Project; and if he will make a statement on the matter. [32139/13]

Written Answers — Department of Communications, Energy and Natural Resources: National Grid (2 Jul 2013)

Derek Nolan: 484. To ask the Minister for Communications, Energy and Natural Resources if there is a timescale for persons to take up the offers in relation to the offers in relation to the Gate 3 project; and if he will make a statement on the matter. [32141/13]

Written Answers — Department of Communications, Energy and Natural Resources: National Grid (2 Jul 2013)

Derek Nolan: 485. To ask the Minister for Communications, Energy and Natural Resources when Gate 4 Project offers will occur; and if he will make a statement on the matter. [32142/13]

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (27 Jun 2013)

Derek Nolan: NAMA has put those properties into receivership. It acquired ownership and put them into an SPV.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (27 Jun 2013)

Derek Nolan: How many properties are in that SPV currently?

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (27 Jun 2013)

Derek Nolan: Is the SPV being used mainly for leasing in the rental accommodation scheme or is it for purchases?

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (27 Jun 2013)

Derek Nolan: It seems much more sensible that we would lease the properties from NAMA rather than lease them from private landlords on the open market. At least there is some kind of dividend to the State if we were leasing a property from an entity owned by the State. Having regard to the announcements that were made a number of years ago, the realisation in that respect to date has been very slow. I...

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (27 Jun 2013)

Derek Nolan: I take the point Ms Tallon is making that local government in essence should be local government, that it should do its job and that the Department should not be intervening, but that is not what the Comptroller and Auditor General is saying. He is commenting on a report the Environmental Protection Agency gave him which indicated that there was a considerable decline in the number of...

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (27 Jun 2013)

Derek Nolan: Ms Tallon has gone from a response of "Not agreed" to one of "We might do that".

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (27 Jun 2013)

Derek Nolan: I am not sure how I view that but I will return to it when Ms Tallon appears before the committee next year. I will leave it at that.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (27 Jun 2013)

Derek Nolan: Was the regional contract set for the metering programme?

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (27 Jun 2013)

Derek Nolan: Part of the rationale for setting up Irish Water was that it would be an independent utility company. As a result, it will not be a Government entity and will be able to borrow on international markets and use its revenues to pay back its borrowings. This will be all off the balance sheet for the State. In order to do this, a pretty complex and important financial structure is being put in...

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (27 Jun 2013)

Derek Nolan: If the Department is putting together a financial model, it is very important to consider what Irish Water will do. If it seeks to invest €600 million a year in water infrastructure, which I assume will be under a capital expenditure heading and will not be part of Irish Water's regular running costs, it must have a significant income. What is the initial base case being put...

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (27 Jun 2013)

Derek Nolan: Thank you. I have a couple of final questions that will take approximately five minutes to deal with. It was announced over a year and a half ago that NAMA had offered 2,000 units for social housing and that these would be available very shortly. It was anticipated they would come on line quickly. How did that work out?

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (27 Jun 2013)

Derek Nolan: The number delivered is a lot lower than the Department's target. When we discussed this issue the last time Ms Tallon was here we were given a much more concrete indication that 2,000 units would be made available shortly through leasing and so on, and we were given to understand that process was being managed and was under way.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (27 Jun 2013)

Derek Nolan: It did not affect the collection rate of the local authorities.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (27 Jun 2013)

Derek Nolan: Ms Tallon mentioned that next week the Revenue Commissioners will assume responsibility for collecting this money from the 20% of people who have not paid. Is data sharing going on? Is there a transfer process? Is data being handed to the Revenue Commissioners?

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (27 Jun 2013)

Derek Nolan: How would Ms Tallon characterise the Department's performance and the performance of the local government sector across the country in the collection of the household charge? Is she satisfied with how the process went? Does she think the local authority system was a suitable place for it to be collected in the first place?

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