Results 161-180 of 6,295 for speaker:Michael D'Arcy

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Michael D'Arcy: The Deputy did not.

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Michael D'Arcy: We will not leave the people of rural Ireland alone. We will invest in rural Ireland-----

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Michael D'Arcy: -----and we will continue to invest in rural Ireland. Deputy Danny Healy-Rae does not want to hear that. He does not want to hear about the town and village renewal scheme, the rural regeneration scheme or the national broadband scheme. My county of Wexford-----

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Michael D'Arcy: My county of Wexford will receive some €88 million to bring broadband connectivity, by fibre, to 22,000 homes. Deputy Healy-Rae does not want to hear that because it does not fit into his narrative that rural Ireland is dead, desolate and finished. It is not finished, it is vibrant in many places and areas. Turning back to the item we are actually discussing, the introduction of...

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Michael D'Arcy: It is €50 in the year and that is the full amount. It is important for people to not overstate this. The impact of the carbon tax will be about €50 a year for the average small farmer in respect of marked gas oil. We brought this in at a low rate and it is not coming into force until next May and that is about as reasonable as it is possible to get.

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Michael D'Arcy: It is important to note that the vast majority of greenhouse gas emissions from the agricultural sector, that is, methane, are not subject to carbon taxation. The main agricultural exposure to carbon taxes comes from fuel imports, primarily through the use of marked gas oil, MGO, or, as we know it, green diesel. It is subject to the lower excise rate of 10.2 cent per litre. The increase in...

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Michael D'Arcy: Ireland already has a variety of taxes on wealth, including capital gains and capital acquisitions taxes that levied on individuals or companies on the disposal of assets, in the case of capital gains tax, or the acquisition of an asset through gift or inheritance, in the case of capital acquisitions tax. The local property tax introduced in 2013 is based on the market value of residential...

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (20 Nov 2019)

Michael D'Arcy: I am not sure if the Deputy heard yesterday that the Chief Justice-----

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (20 Nov 2019)

Michael D'Arcy: -----announced the seven judges-designate who will take forward the recalibration of the guidelines. The biggest issue we have in Ireland is people have small damages and they look for massive awards. That era has to end and it is ending now.

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (20 Nov 2019)

Michael D'Arcy: Pardon me?

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (20 Nov 2019)

Michael D'Arcy: Does the Deputy want the answer or does he want-----

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (20 Nov 2019)

Michael D'Arcy: Just listen. The Deputy does not have to be so ignorant all of the time. The seven justices, two from the Circuit Court, two from the High Court, one from the Court of Appeal, one from the Supreme Court and one from the District Court, will recalibrate the guidelines for awards downwards in line with other jurisdictions and in line with Court of Appeal awards.

Saincheisteanna Tráthúla - Topical Issue Debate: Company Registration (19 Nov 2019)

Michael D'Arcy: I thank the Deputy for raising this important issue. The fourth Anti-Money Laundering Directive, which entered into force in May 2015, introduced the requirement for the establishment of a central register of beneficial ownership for corporates and other legal entities. The Register of Beneficial Ownership, RBO, to which corporates and friendly and provident societies now have to centrally...

Consumer Insurance Contracts Bill 2017: Report and Final Stages (13 Nov 2019)

Michael D'Arcy: In response, certainly we will look at it. We have legal advice on this from the Office of the Attorney General. They are quite satisfied with what we have in respect of section 7, that there must be an economic interest. Section 7(2) states: Where the consumer is required, because the contract of insurance is also a contract of indemnity, to have an interest in the subject-matter of the...

Consumer Insurance Contracts Bill 2017: Report and Final Stages (13 Nov 2019)

Michael D'Arcy: On amendment No 20, legal counsel were clear that it was required.

Consumer Insurance Contracts Bill 2017: Report and Final Stages (13 Nov 2019)

Michael D'Arcy: I move amendment No. 18: 18. In page 15, line 34, to delete "an insurance contract" and substitute "contract of insurance".

Consumer Insurance Contracts Bill 2017: Report and Final Stages (13 Nov 2019)

Michael D'Arcy: I move amendment No. 19: 19. In page 15, line 35, to delete "insurance".

Consumer Insurance Contracts Bill 2017: Report and Final Stages (13 Nov 2019)

Michael D'Arcy: I move amendment No. 20: 20. In page 15, line 37, after "is" to insert ", subject to subsection (5),".

Consumer Insurance Contracts Bill 2017: Report and Final Stages (13 Nov 2019)

Michael D'Arcy: I move amendment No. 21: 21. In page 15, between lines 40 and 41, to insert the following: "(5) Subsection (4)does not suspend the liability of the insurer if the fact that the breach referred to in that subsection has occurred has not increased, in the circumstances concerned, the risk of a loss that has occurred (being a loss for which liability on the part of the insurer is claimed by...

Consumer Insurance Contracts Bill 2017: Report and Final Stages (13 Nov 2019)

Michael D'Arcy: I move amendment No. 22: 22. In page 16, to delete lines 13 to 40, and in page 17, to delete lines 1 to 12 and substitute the following: "19. In addition to applying to a "consumer" as defined in those Regulations, the European Communities (Unfair Terms in Consumer Contracts) Regulations 1995 (S.I. No. 27 of 1995) shall apply to a consumer within the meaning of this Act.".