Written answers

Tuesday, 1 October 2013

Department of Finance

Regulatory Impact Assessment Data

Photo of Joanna TuffyJoanna Tuffy (Dublin Mid West, Labour)
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221. To ask the Minister for Finance if he will provide an update on all regulatory impact statements carried out on Bills in his Department since this Government took office to date; if he will list these Bills in tabular form; and if he will make a statement on the matter. [41594/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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The information requested by the Deputy is contained in the following table.

Bill Title Details of RIA carried out
Central Bank (Supervision and Enforcement Bill) 2011. The Bill was enacted as the Central Bank (Supervision and Enforcement) Act 2013 in July 2013.A Regulatory Impact Analysis (RIA) was undertaken on this Bill in July 2011 prior to the Bill being published.
Credit Union Bill 2012 The Bill was enacted on the 19th December 2012 as the Credit Union and Co-operation with Overseas Regulators Act 2012A Regulatory Impact Analysis was carried out on the Credit Union Bill 2012.
Fiscal Responsibility Act 2012. A Screening Regulatory Impact Analysis was completed for the Fiscal Responsibility Act 2012, prior to the publication of the General Scheme of the Bill on 26th April 2012.

* The General Scheme set out the draft legislation that would implement key provisions of the Stability Treaty, subject to the will of the Irish people. The Irish people voted to ratify the Stability Treaty or, to give it its full title, the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union, in a referendum held on 31st May 2012. Subsequent to the referendum, the Bill passed all stages in the Oireachtas, and was signed on 27th November 2012. This Act was commenced end December 2012.

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