Results 19,401-19,420 of 26,053 for speaker:Kieran O'Donnell

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Kieran O'Donnell: Is that for new bonds? It is not retrospective.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: National Treasury Management Agency (Amendment) Bill 2014: Committee Stage (1 Jul 2014)

Kieran O'Donnell: In terms of normal company law and disclosure of a related party transactions and interests, would it not be automatically disclosed when the accounts are done? In terms of the directors of the NTMA, would the related party transactions and interests not automatically be disclosed when the annual financial statements are done? Would it not fall under that legal structure?

Public Accounts Committee: 2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government (26 Jun 2014)

Kieran O'Donnell: Therefore no Exchequer funding is going into the local authorities.

Public Accounts Committee: 2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government (26 Jun 2014)

Kieran O'Donnell: Is money going directly to local authorities for water services?

Public Accounts Committee: 2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government (26 Jun 2014)

Kieran O'Donnell: I will finish on this point on housing because I do not want to take up too much time. With the RAS, there is a proper orientation programme to ensure people are fully aware of their responsibilities as tenants. Heretofore, that has not always been consistent under the scheme. Can we take it that it will be the case under the HAP scheme?

Public Accounts Committee: 2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government (26 Jun 2014)

Kieran O'Donnell: Are the procedures that same as for the RAS?

Public Accounts Committee: 2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government (26 Jun 2014)

Kieran O'Donnell: I am delighted with that. How many houses does the Department propose to build in 2014?

Public Accounts Committee: 2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government (26 Jun 2014)

Kieran O'Donnell: Is that comparable to the number for last year?

Public Accounts Committee: 2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government (26 Jun 2014)

Kieran O'Donnell: The second topic I want to address is Irish Water. What physical assets are being transferred to Irish Water from the Department?

Public Accounts Committee: 2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government (26 Jun 2014)

Kieran O'Donnell: Was a value put on it? Is the Department getting paid a goodwill value or asset value for the network and various water treatment plants?

Public Accounts Committee: 2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government (26 Jun 2014)

Kieran O'Donnell: The question I am really asking is-----

Public Accounts Committee: 2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government (26 Jun 2014)

Kieran O'Donnell: What is the position on Irish Water as an entity and its shareholders?

Public Accounts Committee: 2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government (26 Jun 2014)

Kieran O'Donnell: It comes off the balance sheet because it is semi-State.

Public Accounts Committee: 2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government (26 Jun 2014)

Kieran O'Donnell: There is actually no financial transaction.

Public Accounts Committee: 2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government (26 Jun 2014)

Kieran O'Donnell: What value does Ms Graham anticipate in that regard?

Public Accounts Committee: 2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government (26 Jun 2014)

Kieran O'Donnell: How will Irish Water fund the taking over of the loans?

Public Accounts Committee: 2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government (26 Jun 2014)

Kieran O'Donnell: In essence, one could state it is paying €200 million for the goodwill of the network within in the system.

Public Accounts Committee: 2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government (26 Jun 2014)

Kieran O'Donnell: It will be doing so over time.

Public Accounts Committee: 2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government (26 Jun 2014)

Kieran O'Donnell: Ms Graham is referring to the taking over of loans or projects to the value of about €200 million. That would be €200 million of an income to the Exchequer in-----

Public Accounts Committee: 2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government (26 Jun 2014)

Kieran O'Donnell: In 2014.