Results 10,861-10,880 of 35,617 for speaker:Pearse Doherty

Written Answers — Department of Finance: Commencement of Legislation (16 Jul 2020)

Pearse Doherty: 21. To ask the Minister for Finance when all sections of the Consumer Insurance Contracts Act 2019 will be commenced; and if he will make a statement on the matter. [16295/20]

Written Answers — Department of Finance: Mortgage Lending (16 Jul 2020)

Pearse Doherty: 22. To ask the Minister for Finance if he has communicated with retail banks regarding the treatment of mortgage applications. including joint applications, whereby such applications are rejected or approvals in principle withdrawn in cases in which one or both applicants are in receipt of payments through the temporary wage subsidy scheme despite no reduction in pay or hours; and if he will...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (16 Jul 2020)

Pearse Doherty: 43. To ask the Minister for Finance if the temporary wage subsidy scheme will be amended to ensure that employers will not lose a portion or all of the wage subsidy in cases in which an employee works additional hours in comparison to those worked and reflected in January and February payroll submissions, particularly in terms of seasonal work; if he will consider allowing the calculation of...

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages (15 Jul 2020)

Pearse Doherty: I have raised this issue twice now. This is the third and, I hope, last time I will raise it. The Minister of State did not respond to it the first two times. I refer to the guarantee scheme. How will the Government ensure that lending from the SBCI to the pillar banks - more than likely at zero interest, given the lending capacity and the credit rating of the EIB - will not be lent on to...

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages (15 Jul 2020)

Pearse Doherty: The Minister said in response to my question about the banks profiteering from the EIB guarantee scheme that there will be a memorandum of understanding between the relevant parties. I presume the relevant parties in this case are each pillar bank and the SBCI. Has that memorandum of understanding been drafted? Will it be laid before the Houses? Does it actually prevent the banks from...

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages (15 Jul 2020)

Pearse Doherty: I move amendment No. 1: In page 4, between lines 32 and 33, to insert the following: “(2) Payments referred to in subsection (1) may be paid out of the Central Fund, or the growing produce thereof, subject to a resolution passed by Dáil Éireann.”. I still would like to hear from the Minister about what guarantees or protections there are for the Irish...

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages (15 Jul 2020)

Pearse Doherty: I wish to raise a point that my colleague in the Seanad, Senator McCallion, has raised quite a lot about the supports that are there. What the Minister of State says about it being outside the jurisdiction and that it is a European fund for European companies is all fair in a normal scenario. This, however, is not a normal scenario. We are dealing with Brexit, with a part of our island...

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages (15 Jul 2020)

Pearse Doherty: I have one final question on this matter. It relates to the pillar banks' ability to use this guarantee to lend. They can lend to SMEs and larger companies. We went through that and through my concerns about how it needs to be targeted earlier. Will the banks be able to use this guarantee to lend only to companies that are tax-resident within the State? Will they have the capacity to...

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages (15 Jul 2020)

Pearse Doherty: I thank the Acting Chairman for facilitating the brief adjournment during which we could speak to the Minister of State and the officials. I thank the officials for their engagement with myself and others on this Bill, and for any notes that were sent to us. On section 2, I will focus, particularly at this point, on the EIB guarantee fund. I understand the total amount we are likely to...

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages (15 Jul 2020)

Pearse Doherty: In the normal course of events, I would propose that this Committee Stage session be adjourned.

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages (15 Jul 2020)

Pearse Doherty: I am not suggesting this because I understand the time pressure with this Committee Stage. However, we are dealing with legislation and the Minister responsible for it is not here. Therefore, questions on it cannot be answered satisfactorily on the public record of the Dáil. It is not best practice to go into private session because then it is not on the record of the Dáil....

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages (15 Jul 2020)

Pearse Doherty: For clarification, what does the suspension entail? There have been occasions - and I am not one to push this, although other views have been expressed - where a Minister when dealing with questions on some complex scenarios, although I would argue that these are not complex questions, the committee has gone into private session to allow officials to speak openly and freely. If we suspend,...

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages (15 Jul 2020)

Pearse Doherty: I ask the Acting Chairman to bear with us because of the new venue. We are dealing with section 2 and I asked for an intervention.

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages (15 Jul 2020)

Pearse Doherty: I was not sure if the Acting Chairman was ignoring me after his earlier rants.

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages (15 Jul 2020)

Pearse Doherty: We do not have the Minister, Deputy Donohoe, in attendance. I am surprised that he has missed the entirety of the passage of this Bill. Will he speak on Committee Stage? Do we expect him to appear today? Section 2 deals with the circumstances for the application of section 8, that is, a European Investment Bank, EIB, guarantee fund being formally established when states representing at...

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages (15 Jul 2020)

Pearse Doherty: I acknowledge that we are in difficult times. The Minister of State who dealt with this on Second Stage has moved portfolio, given the sacking of the former Minister, Deputy Cowen. There is an urgency in passing this legislation. I did not hear anybody on the Opposition benches say so but I can speak for Sinn Féin in saying that we are willing to support the passage of the Bill....

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages (15 Jul 2020)

Pearse Doherty: How will our capital commitment be realised? Will there be a call in the event of a default on a proportion of the loans that will be shared equally by member states for that portion? How will that call be accessed? Will it happen after a period of time or after a quantum of loans are defaulted upon? What is the mechanism of the notification to Parliament regarding that?

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages (15 Jul 2020)

Pearse Doherty: I want to be helpful because Committee Stage is challenging given the Minister of State's unfamiliarity with the Bill and the officials not being as close to him as usual. I will ask a number of questions on the section and his officials could write a note for him. Sometimes it is beneficial to go into private session and allow officials to respond in order to speed up the process. I will...

Nomination of Member of Government: Motion (15 Jul 2020)

Pearse Doherty: On a point of order, will the Taoiseach clarify who is now the Minister of State with responsibility for the Gaeltacht? Deputy Calleary, who I wish well in his new position, was responsible for the Gaeltacht. Is there now no Minister of State for the Gaeltacht or where does that responsibility lie? Is it with the Minister of State, Deputy Chambers?

Ceisteanna ó Cheannairí - Leaders' Questions (15 Jul 2020)

Pearse Doherty: You did.