Written answers
Tuesday, 3 October 2017
Department of Finance
Legislative Programme
Pearse Doherty (Donegal, Sinn Fein)
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106. To ask the Minister for Finance the items listed in the legislative programme for his Department; and if he will make a statement on the matter. [41413/17]
Paschal Donohoe (Dublin Central, Fine Gael)
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The Government Legislative Programme was published by the Chief Whip Joe McHugh T.D. on 19 September following consultation with the Attorney General and Government Departments including the Department of Finance.
My Department has three items included on the list of Priority Legislation for Publication this session. The title and purpose of each of those Bills is set out in the following table:
| Title | Purpose |
|---|---|
| Finance Bill | To give legislative form to taxation proposals in Budget 2018 |
| Insurance (Amendment) Bill | To amend the Insurance Act 1964 in order to implement the recommendations of the Review of the Framework for Motor Insurance Compensation in Ireland Report |
| Market in Financial Instruments Bill | This bill is part of the transposition of the Market in Financial Instruments Directive II into national law |
My Department has five Bills included on the list of Priority Legislation for Pre-Legislative Scrutiny this session. The title and purpose of each of those Bills is set out in the following table:
| Title | Purpose |
|---|---|
| Credit Union Restructuring Board Dissolution Bill | To dissolve the Credit Union Restructuring Board and to transfer its assets and liabilities (if any) to the Minister for Finance |
| Insurance (Amendment) Bill | To amend the Insurance Act 1964 in order to implement the recommendations of the Review of the Framework for Motor Insurance Compensation in Ireland Report |
| Investment Limited Partnership and Irish Collective Asset-management Vehicle (Amendment) Bill | To support the development of the private equity fund industry by making Ireland a more attractive domicile for such funds. This objective has also been included in the IFS 2020 Action Plan 2016 which commits to developing amendments to the Investment Limited Partnership Act 1994 to make the structure more attractive to fund managers |
| Market in Financial Instruments Bill | This bill is part of the transposition of the Market in Financial Instruments Directive II into national law |
| National Claims Information Database Bill | To provide powers to the Central Bank to maintain a database to carry out statistical analysis of movements in insurance claims costs/trends |
My Department has two Bills on the list of All Other Legislation. The title and purpose of each of those Bills is set out in the following table:
| Title | Purpose |
|---|---|
| Central Bank Consolidation Bill | To consolidate the corpus of the Central Bank Acts into one statute |
| Taxation and Certain Other Matters (International Mutual Assistance) Bill | To transpose elements of the OECD Mutual Convention on Administrative Assistance and the EU/Switzerland Anti-Fraud Agreement |
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