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Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (1 Dec 2015)

Pat Rabbitte: When the OECD completed its reports, did they not go to ECOFIN?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (1 Dec 2015)

Pat Rabbitte: The Minister referred to what the Commission might do in January 2016. What was that a reference to?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (1 Dec 2015)

Pat Rabbitte: That is the Commission dealing with the European dimension and it is for the United States of America to deal with it there. Is the Commission minded to deal with it as early as early 2016?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (1 Dec 2015)

Pat Rabbitte: The clerk and I are aware that the OECD appreciates the participation of the Department of Finance and is on record regarding the co-operation it received. I thank the Minister for attending. Is there anything he wishes to say in conclusion?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (1 Dec 2015)

Pat Rabbitte: I thank the Minister. I ask the members of the committee to stay on to deal with a couple of items of housekeeping.

Written Answers — Department of Finance: Universal Social Charge Application (1 Dec 2015)

Pat Rabbitte: 212. To ask the Minister for Finance the reason fortnightly-paid workers who have a 27th payment date for the universal social charge in 2015 are being charged at a higher rate without the application of the lower rates and credits; the basis for this apparent overcharging on this specific payment; if the affected workers will receive a refund or a credit for having paid an additional...

Written Answers — Department of Arts, Heritage and the Gaeltacht: National Monuments (1 Dec 2015)

Pat Rabbitte: 637. To ask the Minister for Arts, Heritage and the Gaeltacht if she is aware of the representations from the Committee for the Commemoration of Irish Famine Victims to have a memorial stone placed, as appropriate, in the Custom House; her future plans in this regard; and if she will make a statement on the matter. [42796/15]

Credit Union Sector: Motion (Resumed) [Private Members] (25 Nov 2015)

Pat Rabbitte: The focus of the Government, and rightly so, has been on the credit institutions that almost brought the country to the verge of ruin. This is perfectly understandable but it is important to note that the credit unions did not bring the country to the verge of ruin. It did not emerge that there was a €1 billion black hole in the credit union movement, as the consultants who were...

Written Answers — Department of Children and Youth Affairs: Early Childhood Care Education (25 Nov 2015)

Pat Rabbitte: 154. To ask the Minister for Children and Youth Affairs the reason the entitlement for the second preschool year excludes children born after 30 June 2012; if there are any plans to address this; and if he will make a statement on the matter. [42007/15]

Finance Bill 2015: Report Stage (24 Nov 2015)

Pat Rabbitte: I wish to establish again that the all-party committee, including Deputy Pearse Doherty's party colleague, Deputy Martin Ferris, agreed that we would not apply this measure retrospectively. In addition, there has never been a commercial oil find in Ireland.

Finance Bill 2015: Report Stage (24 Nov 2015)

Pat Rabbitte: I hope the news will be more positive in the case of Barryroe. The challenge facing Barryroe is to prove that it is commercially viable.

Finance Bill 2015: Report Stage (24 Nov 2015)

Pat Rabbitte: It is not a question of Deputy Murphy coming to the House with a jar of oil and stating that there is oil out there; of course there is oil out there. The question is whether it is commercially extractable. It would take a further two or three drillings to establish whether Barryroe is commercially viable, and I hope those drillings are successful. The company involved has been seeking for...

Finance Bill 2015: Report Stage (24 Nov 2015)

Pat Rabbitte: That is not true.

Finance Bill 2015: Report Stage (24 Nov 2015)

Pat Rabbitte: They only did that after the big find.

Finance Bill 2015: Report Stage (24 Nov 2015)

Pat Rabbitte: What fields?

Finance Bill 2015: Report Stage (24 Nov 2015)

Pat Rabbitte: I referred to commercially extractable oil.

Finance Bill 2015: Report Stage (24 Nov 2015)

Pat Rabbitte: The boot of the Deputy's car.

Finance Bill 2015: Report Stage (24 Nov 2015)

Pat Rabbitte: It was from the engine or the sump.

Finance Bill 2015: Report Stage (24 Nov 2015)

Pat Rabbitte: That is a very attractive solution sometimes.

Finance Bill 2015: Report Stage (24 Nov 2015)

Pat Rabbitte: As Deputy Pearse Doherty said, the focus of the amendment is on making the application of the new regime retrospective. The one thing the all-party committee agreed on was that there should be no retrospective application. I thank the Minister for keeping faith with the proposals I brought to the Government following the Wood Mackenzie report. The debate took place in the House with a very...

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