Seanad debates

Wednesday, 31 October 2007

Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages

 

12:00 pm

Photo of David NorrisDavid Norris (Independent)

I am very sorry to see my old friend and colleague, the Minister of State, Deputy Batt O'Keeffe, in the hot seat today because he is a thoroughly decent and honourable man. It cannot be a very happy day for him to stand over this squalid business. I also recognise what Senator Boyle said and I salute him for it. He has acknowledged the technical difficulties but he did not go as far as I would have liked into the morality of this because it is the morality which stinks. However, he has done the House a service by pointing out just how insidious this process was. The Green Party is a partner in Government and holds the No. 2 position. However, it was not consulted about this and it is important to state that on the record. It is very damaging.

What kind of Government is it when this kind of material is smuggled in? The reason the Green Party was not told is that it stinks. This is about a snout in the trough and I will label this the snout in the trough amendment. The Minister of State need not shake his head because that is precisely what it is. It is for one person who, as I said on the Order of Business, was so impoverished by circumstances that he did not even notice and apparently believes €37,000 is very little money. Some people live on a lot less than that. He is in receipt of more than €100,000 per annum from the other House and has just been given another €20,000 for being chair of the Oireachtas Committee on Foreign Affairs. I have always had good relations with this gentleman. Perhaps we should address the fact one can get severance plus a pension while one is still serving and in receipt of an income. We are heading into choppy financial waters. Is it any wonder people in this country have contempt for politicians? Look at the language of this section, which states:

"(9) On application for a pension under this section to the Minister for Finance, by a person whose entitlement to the pension arose on or after the date of commencement of this section, the pension is payable as of and from a date that the Minister for Finance may determine in writing that is—

(a) not earlier than the date of entitlement, and

(b) not later than the date of the application.

This is laughable. I asked on the Order of Business whether I was in Ireland, which is one little island, or the flying island of Laputa, described by Jonathan Swift as the place where they distilled moonshine from cucumbers. Is there any possibility one could, in one's wildest dreams, have granted a pension earlier than the date of entitlement? Alternatively, could one grant a pension later than the date of application? This is bizarre material and a complete disgrace.

We have been told a garda made a similar application and was denied so this provision has been made specifically for one senior member of Fianna Fáil. I also received a letter from a constituent, with which I will shame the Minister of State by putting it on the record. She writes:

I have just been informed by my local tax office that I am not entitled to a PAYE credit of €1,490 because I am an employee of my husband's business (section 472, Taxes Consolidation Act 1997). I work as a dental practice manager. My hours of work are Monday to Friday, 9 a.m. to 5 p.m., the same as all other employees in the business. I believe I am being discriminated against because of my marital status and this is grossly unfair. I am also not allowed to make PRSI contributions, for the same reason, and this means I have no social welfare entitlements, including sickness benefit, maternity, pension etc.

What about that woman's pension? She would be glad enough with €37,000. The former Minister does not need his pension but forgot all about it. It did not bother him and he did not notice it. In addition, he thinks it is for a small amount. If it is a small amount, let him give it to this woman.

I wonder what happened to Fianna Fáil, the people's party. It is a very bad day for this country when we pass special legislation in the interest of one Member of the other House. It is disgraceful. Hesitation has been expressed on the Government side so I will give them an opportunity to put that into practice by calling a vote on this section. I will also oppose the earlier signature motion this evening.

I wonder if President McAleese, who is a lawyer herself, will feel comfortable signing this nasty little fiddle. Any other citizen would be told that if they did not put in an application on time, they would be in trouble. I have just paid my preliminary tax and received a letter from my accountant saying it had to be in the post to arrive in Limerick by a certain date or I would be fined. I am an Independent Member and not part of the Government but could I, as a Member of the Oireachtas, get special legislation enacted to save me from the financial consequences of my carelessness or forgetfulness? I am completely against the snout in the trough phenomenon and I will vote against the snout in the trough amendment.

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