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Written Answers — Department of Finance: Investor Compensation Company Limited (17 Jan 2019)

Paschal Donohoe: The Investor Compensation Directive (97/9/EC) sets out the basis for clients of investment firms to receive statutory compensation when an authorised investment firm fails. In Ireland, the Investor Compensation Act 1998 provides for the establishment of the Investor Compensation Company DAC (ICCL) which administers the Investor Compensation Scheme. The Investor Compensation Scheme deals...

Written Answers — Department of Finance: Investor Compensation Company Limited (17 Jan 2019)

Paschal Donohoe: The Investor Compensation Directive (97/9/EC) sets out the basis for clients of investment firms to receive statutory compensation when an authorised investment firm fails. In Ireland, the Investor Compensation Act 1998 provides for the establishment of the Investor Compensation Company DAC (ICCL) which administers the Investor Compensation Scheme. The Investor Compensation Scheme deals...

Written Answers — Department of Finance: Pension Provisions (17 Jan 2019)

Paschal Donohoe: The OECD Pensions Outlook 2018 provides comprehensive analysis and insight into the challenges facing developed nations that must design and apply appropriate pension policies to best meet the needs of their existing and future older populations. My colleague the Minister for Employment Affairs & Social Protection outlined last year this Government's approach to reforming all...

Written Answers — Department of Finance: Tracker Mortgages Data (17 Jan 2019)

Paschal Donohoe: Firstly, I must point out that the Financial Services and Pensions Ombudsman is independent in the performance of his statutory functions. I have no role in the day to day workings of his office. However, I have been advised by the Financial Services and Pensions Ombudsman that he currently has 1,221 complaints on hand in January 2019 which relate to tracker mortgage issues. Of those,...

Written Answers — Department of Finance: Departmental Expenditure (17 Jan 2019)

Paschal Donohoe: I can confirm that my Department has spent the following on accountancy and consultancy firms in relation to capital projects in the past five years. Division Amount spent in each year for the past five years on accountancy and consultancy firms in relation to capital projects; The specific capital project in which the costs were incurred; Corporate Affairs 2016 - €4,206.60 2016...

Written Answers — Department of Public Expenditure and Reform: Brexit Issues (17 Jan 2019)

Paschal Donohoe: The number of HGV's passing through Dublin Port varies on a daily basis. The daily peak occurs between the hours of 2-6 each morning and numbers between 300-360 HGV's. The contingency plan takes this figure into account. The Office of Public Works, on behalf of the relevant State agencies, is working with Dublin Port to ensure that an effective traffic management plan is in place. All land...

Written Answers — Department of Public Expenditure and Reform: Departmental Projects (17 Jan 2019)

Paschal Donohoe: This is a matter for the Minister for Culture, Heritage and Gaeltacht in the first instance. Overall responsibility for the management and delivery of the project referred to by the Deputy rests with Cork City Council, with Exchequer grant funding being administered through the Department of Culture, Heritage and the Gaeltacht. I have been advised by the Department of Culture,...

Written Answers — Department of Public Expenditure and Reform: Departmental Expenditure (17 Jan 2019)

Paschal Donohoe: The information requested by the Deputy is included in the following table. Year Company Capital Project Cost 2015 Dovetail Technologies eCohesion IT Project €46,371 2016 Knowledge Pool as part of CAPITA Consulting Business case to deliver a new shared model to deliver learning and development for the Civil Service €106,063 2017 Astron Consulting Limited eCohesion IT...

Nurses and Midwives: Motion [Private Members] (16 Jan 2019)

Paschal Donohoe: I will begin by acknowledging the immense contribution our nurses make in our hospitals and primary care centres every day, in every community in our country.

Nurses and Midwives: Motion [Private Members] (16 Jan 2019)

Paschal Donohoe: While I am very much aware of this contribution, I am equally aware of the contribution that many other public servants make to our economy and society. Deputy Cahill suggested in his contribution that we should go ahead and make additional pay available to nurses but not deal with the fact or the risk of knock-on claims. That is not an option for any government. Many Deputies have made...

Nurses and Midwives: Motion [Private Members] (16 Jan 2019)

Paschal Donohoe: -----all of which will have a big impact on those we care about and those we represent. At the heart of this is our ability to strike a balance between public pay needs and the need to make service and capital investments. We must strike a balance between the two. In this Dáil, I as Minister for Public Expenditure and Reform had to deal with the last chain event, when a decision...

Written Answers — Department of Finance: Credit Availability (16 Jan 2019)

Paschal Donohoe: The framework governing the treatment of a person's liabilities and assets in the context of bankruptcy is provided for in the Bankruptcy Act 1988 as amended. In respect of a mortgage or other secured loan, the secured creditor has the option of either - continuing to rely on the security and not claiming for the debt in bankruptcy or - surrendering the security for the general...

Written Answers — Department of Finance: Tax Exemptions (16 Jan 2019)

Paschal Donohoe: As the Deputy will recall, the advice that I have received from Revenue is that the leasing of land to the spouse or civil partner of a brother or sister of the lessor or the leasing of land to the brother or sister of a spouse or civil partner of a lessor is regarded as a lease between connected persons and is not eligible for relief on the long-term leasing of farm land. Section 664 of...

Written Answers — Department of Finance: Ireland Strategic Investment Fund Investments (16 Jan 2019)

Paschal Donohoe: I am advised by the Ireland Strategic Investment Fund (ISIF) that the following table sets out the ISIF’s commitments, in the area of residential and non-residential property, as at 31 December 2018. ISIF Investment Cherrywood Activate Capital Man Aalto Ardstone Residential Partners Fund Urbeo Residential Amount €52m €500m €25m €30m...

Written Answers — Department of Finance: VAT Rate Application (16 Jan 2019)

Paschal Donohoe: The standard rate of VAT applies to food supplements. However, a Revenue concession allowed the zero rate to be applied to certain types of vitamins, minerals and fish oils. Because of complications in interpretation, the Revenue Commissioners have decided to remove this concession with effect from 1 March 2019 so that all food supplements will be charged at the standard VAT rate. ...

Written Answers — Department of Finance: Departmental Staff Data (16 Jan 2019)

Paschal Donohoe: I propose to take Questions Nos. 112 and 113 together. As the Deputy is aware, the Office of Government Procurement (OGP) was established in 2013 with the goal of reducing costs and maximising value for money and operational efficiency through instituting central management of the public procurement function. Staff members of the Department of Finance work closely with the OGP staff on...

Written Answers — Department of Finance: Banking Sector (16 Jan 2019)

Paschal Donohoe: As the Deputy will be aware, my Department, jointly with the Department of Rural and Community Development, published a report on “Local Public Banking in Ireland”. As the Deputy knows, the Report concluded that there is not a compelling case for the State to establish a new local public banking system in Ireland, based on the German Sparkassen model as proposed, for a number of...

Written Answers — Department of Public Expenditure and Reform: Flood Relief Schemes (16 Jan 2019)

Paschal Donohoe: The Office of Public Works has submitted the proposal for the Glashaboy Flood relief scheme to the Minister for Public Expenditure and Reform for formal Confirmation as required under the Arterial Drainage Act. In all such cases, the Minister is required to carry out an Environmental Impact Assessment (EIA) and, in this regard, will procure independent specialists to review the Environmental...

Written Answers — Department of Public Expenditure and Reform: Tender Process (16 Jan 2019)

Paschal Donohoe: A National Framework Agreement was set up by the Office of Government Procurement in 2017 for Cleaning Services. This framework was advertised through the e-Tenders portal. The framework was open to all companies to apply for and see appointment to same. The named company did not apply for this framework. The requirement identified is being conducted through the OGP framework and only...

Written Answers — Department of Public Expenditure and Reform: Departmental Staff Data (16 Jan 2019)

Paschal Donohoe: I propose to take Questions Nos. 117 and 118 together. The number of staff in my Department, excluding the Office of Government Procurement, was 466 on 31 December 2018. The number of staff in the Office of Government Procurement was 222 on 31 December 2018. Details of 2018 memberships of the professional bodies listed in the PQ are included in the following table: Staff Numbers...

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