Results 12,141-12,160 of 26,037 for speaker:Kieran O'Donnell
- Seanad: Commencement Matters: Road Projects Status (27 Nov 2018)
Kieran O'Donnell: I welcome the Minister for Transport, Tourism and Sport, Deputy Ross, to the House and thank him particularly for making himself available to participate in this debate on an updated progress report on the M20 Limerick to Cork motorway project. The Minister and I have been on a journey - pardon the pun - on the M20 since October and November 2016. The Minister agreed in November to my...
- Seanad: Commencement Matters: Road Projects Status (27 Nov 2018)
Kieran O'Donnell: I thank the Minister for that update. I welcome the strong political commitment from the Minister, the Taoiseach and the Government to progress the M20 as quickly as possible. One should always aim for a target. We are seeking to secure the Ryder Cup in 2026. Roughly, that allows us an eight-year period to have the M20 in place. Does the Minister believe that it is possible? If the...
- Seanad: Commencement Matters: Road Projects Status (27 Nov 2018)
Kieran O'Donnell: I accept that.
- Seanad: Commencement Matters: Road Projects Status (27 Nov 2018)
Kieran O'Donnell: For the Ryder Cup in 2026?
- Seanad: Commencement Matters: Road Projects Status (27 Nov 2018)
Kieran O'Donnell: We are very proud of it anyway.
- Seanad: Commencement Matters: Road Projects Status (27 Nov 2018)
Kieran O'Donnell: We always need a target.
- Seanad: Finance Bill 2018: Second Stage (27 Nov 2018)
Kieran O'Donnell: I welcome the Minister, Deputy Donohoe, as a former Member of this House and commend him and his officials for the fantastic work they do on behalf of the people and the Government. I wish him continued success. I will deal with the budget in a structured and overarching way. I always assess budgets under a number of headings, including fairness. Ultimately, a Minister is responsible for...
- Seanad: Home Building Finance Ireland Bill 2018: Committee and Remaining Stages (22 Nov 2018)
Kieran O'Donnell: The Irish League of Credit Unions appeared before the Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach, to discuss credit unions being able to make members' funds available through a special purpose vehicle for the provision of housing. Does HBFI fall within that ambit? I note the State is putting in €20 million of funding in the form of share capital. It is...
- Seanad: Home Building Finance Ireland Bill 2018: Committee and Remaining Stages (22 Nov 2018)
Kieran O'Donnell: The Irish League of Credit Unions has stated that it has members' funds at its disposal that are currently on deposit in mainstream banks in most cases. It would like to be able to use those funds in a relatively risk-free investment. It has €7 billion at its disposal overall. Could it provide some of that funding for a special purpose vehicle run by the State to provide housing?...
- Seanad: Home Building Finance Ireland Bill 2018: Committee and Remaining Stages (22 Nov 2018)
Kieran O'Donnell: I am aware of that.
- Seanad: Home Building Finance Ireland Bill 2018: Committee and Remaining Stages (22 Nov 2018)
Kieran O'Donnell: No. Some €20 million is provided by the State and HBFI will leverage funding from various other sources. I am asking if it could access funds in this way.
- Seanad: Home Building Finance Ireland Bill 2018: Committee and Remaining Stages (22 Nov 2018)
Kieran O'Donnell: The credit union movement could come together to provide several million euro in long-term debenture loans to HBFI.
- Seanad: Home Building Finance Ireland Bill 2018: Committee and Remaining Stages (22 Nov 2018)
Kieran O'Donnell: Bills of this nature can be very technical. The Bill before us is very important. How does HBFI differ in structure from the Housing Finance Agency? Why is HBFI being established when we have the Housing Finance Agency, which can also provide funding?
- Seanad: Home Building Finance Ireland Bill 2018: Committee and Remaining Stages (22 Nov 2018)
Kieran O'Donnell: There is no lower limit on funding.
- Seanad: Home Building Finance Ireland Bill 2018: Committee and Remaining Stages (22 Nov 2018)
Kieran O'Donnell: If someone is building 20 units and gets 40% of the funding from his local bank, can he look for the balance of the funding from HBFI?
- Seanad: Home Building Finance Ireland Bill 2018: Committee and Remaining Stages (22 Nov 2018)
Kieran O'Donnell: Am I correct in stating that this body will be audited by the Comptroller and Auditor General on an annual basis? Will the statutory auditors referred to in section 16 be an outside firm?
- Seanad: Home Building Finance Ireland Bill 2018: Committee and Remaining Stages (22 Nov 2018)
Kieran O'Donnell: There will be an audit but HBFI will, in addition, be audited by an outside independent auditor.
- Seanad: Home Building Finance Ireland Bill 2018: Committee and Remaining Stages (22 Nov 2018)
Kieran O'Donnell: Sections 16 and 17 are interrelated.
- Seanad: Home Building Finance Ireland Bill 2018: Committee and Remaining Stages (22 Nov 2018)
Kieran O'Donnell: In reference to section 16, will a statutory independent auditor be appointed as well as the Comptroller and Auditor General?
- Seanad: Home Building Finance Ireland Bill 2018: Committee and Remaining Stages (22 Nov 2018)
Kieran O'Donnell: Under section 17, HBFI will be audited by the Comptroller and Auditor General but section 16 states:Where, following prior consultation with the Minister, the board of HBFI considers it appropriate to do so having regard to its functions (including the obligations imposed on HBFI under section 7(2)), HBFI or any HBFI group entity may appoint a statutory auditor I am asking if it will appoint...