Results 1,461-1,480 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Insurance Industry: Insurance Industry (27 Oct 2010)

Brian Lenihan Jnr: The decision about whether to renew cover in any insurance situation is a commercial matter for insurance companies, which is considered on a case by case basis, as this allows the insurance company to properly assess the risk they are accepting. Neither I nor the Central Bank has any influence over this matter. While I am aware of instances where insurance companies have refused to cover...

Written Answers — Ministerial Salaries: Ministerial Salaries (27 Oct 2010)

Brian Lenihan Jnr: Details of the periods of appointment and annual salary rates payable to Ministers and Ministers of State appointed to the Department of Finance since 2004 are set out below for information of the Deputy. Annual Salary Rates Minister Minister of State Office Holder TD Salary Total Office Holder TD Salary Total 01/01/2004 â'¬95,890 â'¬80,457 â'¬176,347 â'¬41,844...

Written Answers — Pension Provisions: Pension Provisions (27 Oct 2010)

Brian Lenihan Jnr: On 18 June last, I signed the Public Service Pension Rights Order 2010 (S.I. 302/2010) which extends by a year the period within which the superannuation benefits of retiring public servants will be unaffected by the pay adjustments set out in the Financial Emergency Measures in the Public Interest (No.2) Act 2009. The period now runs to 31 December 2011.

Written Answers — Departmental Expenditure: Departmental Expenditure (27 Oct 2010)

Brian Lenihan Jnr: The information requested by the Deputy is contained in the following tables: Department of Finance Year Amount spent on Internet applications Supply details of the processes in place to ensure that such funds have been spent on good quality internet applications, in terms of accessibility, security and data protection. 2008 €2,528.90 (spent on updating some graphic design elements of...

Written Answers — Departmental Expenditure: Departmental Expenditure (27 Oct 2010)

Brian Lenihan Jnr: My Department does not directly provide or oversee the provision of financial support to businesses, charities or other public service organisations that are directly or indirectly used to assist those organisations with their marketing promotion or service delivery on the internet. I have been informed by the Special Eu Programmes Body that there are opportunities for businesses,...

Written Answers — Company Takeovers: Company Takeovers (27 Oct 2010)

Brian Lenihan Jnr: The operation of the Biofuel MOTR scheme is in the first instance, a matter for the Minister for Communications, Energy and Natural Resources. However, my Department has consulted with the Department of Communications, Energy and Natural Resources in relation to the details supplied and on the issues raised therein. Following those consultations, a letter issued from the Department of...

Written Answers — Tax Code: Tax Code (27 Oct 2010)

Brian Lenihan Jnr: I have stated previously that it is my intention to widen, if possible, the tax base on which betting duty would be applied. Bets placed either online or over the phone are generally with out-of-State companies so applying betting duty is therefore problematic. My officials, in conjunction with the Office of the Attorney General, the Office of the Revenue Commissioners and the Department of...

Written Answers — Credit Availability: Credit Availability (27 Oct 2010)

Brian Lenihan Jnr: The Deputy will be aware that my Department and Mr. Trethowan of the Credit Review Office receive monthly progress reports from the two banks which allow us to monitor their lending to viable businesses in all sectors of the economy and in every area of the country. This information is commercially sensitive. The banks have 12 months to reach their targets and the overall results of their...

Written Answers — Credit Availability: Credit Availability (27 Oct 2010)

Brian Lenihan Jnr: In his appearance before the Joint Committee on Enterprise, Trade and Innovation on 21 September, Mr Trethowan informed the Committee that "Approximately 20 applications have been sent to the office for review, of which we have dealt with about ten, of which five have been upheld." These figures have not significantly changed since then. The quarterly report of the CRO will be published in...

Written Answers — Credit Availability: Credit Availability (27 Oct 2010)

Brian Lenihan Jnr: The banks covered by the Credit Review Office (CRO) inform customers who have a loan application turned down, rather than everyone who applies, about the availability of the CRO to review their application. As such, I do not at present see a need to inform all customers on a formal basis about the presence of the CRO. Anyone to whom it applies to is already being informed and there is also...

Written Answers — Tax Code: Tax Code (27 Oct 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that for the period January to September 2010 the amount received from the carbon levy is €161.6 million. The breakdown by each fuel type between Carbon and the estimated VAT is as follows: 2010 Carbon Estimated VAT Total (Jan to Sep) €m €m €m Auto Diesel 72.1 1.5 73.6 Petrol 48.4 10.2 58.6 MGO 14.8 2.0 16.8 Kerosene 3.6 0.5 4.1...

Written Answers — Tax Code: Tax Code (27 Oct 2010)

Brian Lenihan Jnr: Unfortunately, it was not possible to collate the information required for this answer in the time allowed. I will provide the Deputy with the answer in writing as soon as the information has been collated.

Written Answers — Departmental Agencies: Departmental Agencies (27 Oct 2010)

Brian Lenihan Jnr: The number of sitting board members on bodies under the aegis of my Department are set out in the following table. Bodies under the aegis of the Department of Finance Body Name Number sitting on the Board Adjudicator for Civil Service Conciliation and Arbitration Scheme, Teachers Conciliation & Arbitration Scheme, Gardaí Conciliation & Arbitration Scheme and Defence Forces Conciliation &...

Written Answers — Departmental Agencies: Departmental Agencies (27 Oct 2010)

Brian Lenihan Jnr: The annual budgets for the civil service agencies which come under the aegis of my Department are published in the book of estimates each year. The annual budgets for the other State Agencies which come under the aegis of my Department are set out below. National Treasury Management Agency The following figures include the budgeted costs in respect of the National Asset Management Agency for...

Written Answers — EU Funding: EU Funding (27 Oct 2010)

Brian Lenihan Jnr: I assume the Deputy is referring to the proposal for the establishment of a permanent crisis resolution framework in the EU. The report on the Van Rompuy Task Force, which is being submitted to the European Council of the 28th - 29th October, concluded that this proposal requires further work. The Task Force also notes that as it may imply a need for Treaty changes, depending on its specific...

Written Answers — Illicit Trade in Tobacco: Illicit Trade in Tobacco (27 Oct 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners, who are responsible for the collection of tobacco products tax, and for tackling the illicit trade in cigarettes and tobacco products, that there is no internationally recognised method for precisely determining the amount of tax lost as a result of the illicit trade in cigarettes. On the basis of a 2009 survey carried out independently on...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (27 Oct 2010)

Brian Lenihan Jnr: The Deputy will be aware that the matters referred to in his question are currently being investigated by the Office of the Director of Corporate Enforcement and other authorities. It would not therefore be appropriate for me in my role as Minister for Finance to make any comment on this matter at this stage in order to avoid any risk of prejudicing ongoing investigations.

Written Answers — Tax Reliefs: Tax Reliefs (27 Oct 2010)

Brian Lenihan Jnr: The following table provides a breakdown of the estimated cost of tax and PRSI reliefs relating to private pension contributions for 2007, the latest year for which the most up-to-date data is available. Figures have been rounded where appropriate. I am advised by the Revenue Commissioners that while corresponding updates of the cost figures are not yet available for the tax year 2008 the...

Written Answers — Banking Sector: Banking Sector (27 Oct 2010)

Brian Lenihan Jnr: The information required by the Deputy is set out in the tables following: 1. The amount of Senior and Subordinated Bonds outstanding as at 29 September 2008: Debt Amount Senior Bonds: €10,770,669,707 UK Covered Bonds: €1,512,660,000 Subordinated Debt: €4,791,653,500 2. The amount of Senior and Subordinated Bonds outstanding as at 30 September 2008 which were covered by the...

Written Answers — Site Aquisitions: Site Aquisitions (27 Oct 2010)

Brian Lenihan Jnr: Under Section 30 of the Dublin Docklands Development Authority Act 1997, the Dublin Docklands Development Authority is entitled to borrow up to a limit of 127 million euro, with the approval of the Minister for the Environment Heritage and Local Government and the consent of the Minister for Finance. In October 2006 the Dublin Docklands Development Authority applied to and was given...