Results 18,441-18,460 of 29,533 for speaker:Brendan Howlin
- Ministers and Secretaries (Amendment) Bill 2011: Committee and Remaining Stages (23 Jun 2011)
Brendan Howlin: Essentially, the questions asked regarding the pension levy are a matter for the Minister for Finance. The pension levy is a levy on funds to generate money to invest in jobs and while one can always contrive an argument, on balance few people would argue that it was not a good mechanism to leverage money for the important purpose of job creation from funds that were put aside by people who...
- Ministers and Secretaries (Amendment) Bill 2011: Committee and Remaining Stages (23 Jun 2011)
Brendan Howlin: ----but I have no reason to believe that. I can make the inquiries for which the Deputy has properly asked. As I indicated in my earlier reply, the trustees of the fund - even though a considerable amount of money, more than â¬1 billion, was provided for it - were smart enough to insist that there would be a contingent liability should the event arise that it would not be sufficient to...
- Ministers and Secretaries (Amendment) Bill 2011: Committee and Remaining Stages (23 Jun 2011)
Brendan Howlin: Consequently, the point is, it is incorrect to argue the taxpayer will meet the cost of the now accruing pension liability. Nevertheless, for my benefit and that of the Deputy, I will the state of the Eircom No. 2 fund and the estimate of liability of the State, if any. There may not be any liability. I hope this is the case. I hope the fund is sufficiently robust to meet the pension...
- Ministers and Secretaries (Amendment) Bill 2011: Committee and Remaining Stages (23 Jun 2011)
Brendan Howlin: Pre-1999.
- Ministers and Secretaries (Amendment) Bill 2011: Committee and Remaining Stages (23 Jun 2011)
Brendan Howlin: Thank God.
- Ministers and Secretaries (Amendment) Bill 2011: Committee and Remaining Stages (23 Jun 2011)
Brendan Howlin: If the Chair will permit, I am happy to deal with amendment No. 74.
- Ministers and Secretaries (Amendment) Bill 2011: Committee and Remaining Stages (23 Jun 2011)
Brendan Howlin: I move amendment No. 74: In page 14, before section 25, to insert the following new section: 25.â(1) The Act of 1986 is amendedâ (a) in section 12, by the substitution of the following subsection for subsection (1): "(1) The articles of association of the Company shall be in such form consistent with this Act as shall be approved of by the Minister for Public Expenditure and Reform.", and...
- Ministers and Secretaries (Amendment) Bill 2011: Committee and Remaining Stages (23 Jun 2011)
Brendan Howlin: Off we go again.
- Ministers and Secretaries (Amendment) Bill 2011: Committee and Remaining Stages (23 Jun 2011)
Brendan Howlin: It is the first gallop, of which there will be many more.
- Ministers and Secretaries (Amendment) Bill 2011: Committee and Remaining Stages (23 Jun 2011)
Brendan Howlin: The amendment relates to making officers available to assist the Minister for Finance in matters relating to the granting of tax relief, and a requirement that proposals for tax relief also require a statement on how the tax relief would relate to public expenditure policy. Notwithstanding the reorganisation and division of the former Department of Finance, officials working in the new...
- Ministers and Secretaries (Amendment) Bill 2011: Committee and Remaining Stages (23 Jun 2011)
Brendan Howlin: Yes.
- Ministers and Secretaries (Amendment) Bill 2011: Committee and Remaining Stages (23 Jun 2011)
Brendan Howlin: Responsibility for taxation matters will remain with the Minister for Finance. Issues to do with amending taxation law will be brought to the Cabinet by the Minister for Finance, although obviously there will be consultation with me on its impact. For example, if either a taxation matter or a matter to do with appropriation-in-aid would impact on the total volume of expenditure in respect...
- Ministers and Secretaries (Amendment) Bill 2011: Committee and Remaining Stages (23 Jun 2011)
Brendan Howlin: That is correct.
- Ministers and Secretaries (Amendment) Bill 2011: Committee and Remaining Stages (23 Jun 2011)
Brendan Howlin: I move amendment No. 22: In page 10, line 20, to delete "in so far only as" and substitute "to the extent that".
- Ministers and Secretaries (Amendment) Bill 2011: Committee and Remaining Stages (23 Jun 2011)
Brendan Howlin: I move amendment No. 23: In page 11, between lines 21 and 22, to insert the following subsection: "(4) (a) Any shares or stock issued to the Minister for Finance by a public body and registered in his or her name or held in trust on his or her behalf by any person, in accordance with a relevant enactment, shall on the appointed day, stand transferred to the Minister or be held in trust on...
- Ministers and Secretaries (Amendment) Bill 2011: Committee and Remaining Stages (23 Jun 2011)
Brendan Howlin: I move amendment No. 24: In page 11, subsection (1), line 24, to delete "year" and substitute "financial year".
- Ministers and Secretaries (Amendment) Bill 2011: Committee and Remaining Stages (23 Jun 2011)
Brendan Howlin: If it is helpful I can reply to it first.
- Ministers and Secretaries (Amendment) Bill 2011: Committee and Remaining Stages (23 Jun 2011)
Brendan Howlin: This amendment proposed by the Deputy opposite will give the Minister for Finance the function of making recommendations as to the level of appropriations-in-aid that should be raised. Appropriations-in-aid are receipts that accrue directly to Departments or their agencies and which may be retained by those bodies, to offset the cost of delivering services, rather than submitted to the...
- Ministers and Secretaries (Amendment) Bill 2011: Committee and Remaining Stages (23 Jun 2011)
Brendan Howlin: I move amendment No. 26: In page 12, subsection (4), lines 34 and 35, to delete paragraph (a) and substitute the following: "(a) for the purposes ofâ (i) the Presidential Establishment Acts 1938 to 1991, or (ii) an enactment specified in Part 2 of Schedule 3, and". The other amendments being taken with amendment No. 26 are a list of other enactments that are all encompassed. Although it...
- Ministers and Secretaries (Amendment) Bill 2011: Committee and Remaining Stages (23 Jun 2011)
Brendan Howlin: There are a variety of ways depending on the specific legislation referred to in terms of process. For example, section 16 Part 2 of Schedule 3 lists a number of enactments under which the Minister for Finance shall not pay moneys out of the Central Fund unless it is specifically requested by the Minister for Public Expenditure and Reform. There are other areas where I would make the...