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Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Fossil Duel Divestment Bill 2016 [Private Members]: Committee Stage (19 Apr 2018)

Michael McGrath: Everything. When the Minister of State concludes, I will bring the members in. There is no need to move the amendments. The Minister of State can just discuss them.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Fossil Duel Divestment Bill 2016 [Private Members]: Committee Stage (19 Apr 2018)

Michael McGrath: The Minister of State can keep going.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Fossil Duel Divestment Bill 2016 [Private Members]: Committee Stage (19 Apr 2018)

Michael McGrath: No, the Minister of State speaks about all of his amendments. He can come back in a minute.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Fossil Duel Divestment Bill 2016 [Private Members]: Committee Stage (19 Apr 2018)

Michael McGrath: As I understand it, a money message, if that issue was raised, would have been before Committee Stage. Is that right? It would not have got to Committee Stage if a money message had been required.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Fossil Duel Divestment Bill 2016 [Private Members]: Committee Stage (19 Apr 2018)

Michael McGrath: There are two amendments in my name.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Fossil Duel Divestment Bill 2016 [Private Members]: Committee Stage (19 Apr 2018)

Michael McGrath: As I said to the Minister, amendments Nos. 13 and 16 are in my name. They primarily deal with the issues mentioned already regarding the impact on micro, small and medium enterprises and where companies are transitioning from being a fossil fuel company. Amendment No. 16 refers to where divestment would trigger costs associated with contractual obligations. I accept that those issues are...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Fossil Duel Divestment Bill 2016 [Private Members]: Committee Stage (19 Apr 2018)

Michael McGrath: Standing Order 97(1) negatives a question when there is an equality of votes.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Fossil Duel Divestment Bill 2016 [Private Members]: Committee Stage (19 Apr 2018)

Michael McGrath: Standing Order 97(1) negatives a question when there is an equality of votes.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Fossil Duel Divestment Bill 2016 [Private Members]: Committee Stage (19 Apr 2018)

Michael McGrath: I move amendment No. 13:In page 3, in line 26 after "companies", to insert the following:"except for investments where the Agency determines that—(a) the relevant fossil fuel company is transitioning away from being a fossil fuel company, (b) the relevant fossil fuel company is not exploring, extracting, refining, processing or delivering fossil fuels for the ultimate purpose of...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Fossil Duel Divestment Bill 2016 [Private Members]: Committee Stage (19 Apr 2018)

Michael McGrath: I move amendment No. 16:In page 3, line 29, after "subsection", to insert the following:"except for where such divestment incurs costs or penalties for the breaching of the contractual obligations of the Agency or the Fund in which case the Agency shall divest from such investments at the first point in time at which it becomes possible to divest without incurring such costs or penalties".

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Fossil Duel Divestment Bill 2016 [Private Members]: Committee Stage (19 Apr 2018)

Michael McGrath: Amendment No. 17, in the name of Deputy Pringle, is deemed to be consequential to amendment No. 1, which has fallen, so amendment No. 17 will not be taken at this point.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Fossil Duel Divestment Bill 2016 [Private Members]: Committee Stage (19 Apr 2018)

Michael McGrath: Yes.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Message to Dáil (19 Apr 2018)

Michael McGrath: In accordance with Standing Order 90, the following message will be sent to the Dáil:The Select Committee on Finance, Public Expenditure and Reform, and Taoiseach has completed its consideration of the Fossil Fuel Divestment Bill 2016 and made amendments thereto.

Written Answers — Department of Health: Psychological Assessments Waiting Times (19 Apr 2018)

Michael McGrath: 48. To ask the Minister for Health the action being taken to address long waiting times for both CAMHS and primary care psychology services for children in County Cork; and if he will make a statement on the matter. [17038/18]

Written Answers — Department of Finance: Financial Services Regulation (19 Apr 2018)

Michael McGrath: 121. To ask the Minister for Finance his views on the recent reports from the Central Bank and the Competition and Consumer Protection Commission on personal contract plans; the steps he has taken to date with regard to the plans; his plans in this regard; and if he will make a statement on the matter. [17251/18]

Written Answers — Department of Finance: Financial Services Regulation (19 Apr 2018)

Michael McGrath: 122. To ask the Minister for Finance his views on whether the consumer protection code should be applied to personal contract plans as recommended by the Competition and Consumer Protection Commission; when he plans to make such changes; and if he will make a statement on the matter. [17252/18]

Written Answers — Department of Finance: Financial Services Regulation (19 Apr 2018)

Michael McGrath: 123. To ask the Minister for Finance if the Central Bank will publish data on personal contract plans on a regular basis; and if he will make a statement on the matter. [17253/18]

Written Answers — Department of Finance: Financial Services Regulation (19 Apr 2018)

Michael McGrath: 127. To ask the Minister for Finance his plans to review the Consumer Credit Act 1995; and the timeframe for such a review to ensure its suitability for new forms of car finance as recommended by the CCPC. [17296/18]

Written Answers — Department of Finance: Banking Sector Regulation (19 Apr 2018)

Michael McGrath: 124. To ask the Minister for Finance if he has examined a report (details supplied) on a group in the UK; his views on the report; his views on whether the report applies to all parts of the group including the group's Irish subsidiaries; his further views on whether the practices of the group here were dictated by or consistent with the practices undertaken in the UK; and if he will make a...

Written Answers — Department of Finance: Banking Sector Regulation (19 Apr 2018)

Michael McGrath: 125. To ask the Minister for Finance if the Central Bank accepts a company's (details supplied) report in the UK on a group; if the Central Bank further accepts that the report applies to all the group including its branch here; and if he will make a statement on the matter. [17255/18]

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