Written Answers Nos. 71 - 92
71. Deputy Shane Ross asked the Minister for Finance his plans to provide tax refunds for necessary health expenses to those paying tax on their private pensions (details supplied); and if he will make a statement on the matter. [17134/15]
View answerAny couple in a marriage or civil partnership aged 65 or over, whose total income from all sources is slightly over the age exemption limit may qualify for marginal relief in accordance with Section 188 (5) of the Taxes Consolidation Act 1997. Marginal relief is determined by comparing a person's liability using two calculation methods. In method 1, the person's liability is calculated by reducing income by the Age Exemption and charging the balance at 40%. In method 2, the person's liability is calculated at the appropriate 20% and 41% rates and allowing the full tax credits due. The two calculations are compared and the most favourable outcome is granted to the person.
The person concerned applied for a review of his liability online for the year 2014. On 2 March 2015 a PAYE Balancing Statement issued showing a refund due of €1,684.49 which incorporated marginal relief of €759.03 as this was most favourable outcome for the person concerned.
Subsequent to this review, the person concerned requested an amended Balancing Statement reflecting a refund due in respect of Health Expenses. This was provided by Revenue. The inclusion of the Health Expenses did not materially change the amount of his overall tax liability for the year.
Revenue has separately written to the person concerned setting out the position for him.
72. Deputy Dan Neville asked the Minister for Finance further to Parliamentary Question No. 132 of 15 April 2015, the position regarding an application for the disabled drivers and disabled persons tax concessions scheme in respect of a person (details supplied) in County Limerick. [17135/15]
View answerThe Deputy will be aware of the legal provisions governing the Drivers & Passengers with Disabilities Scheme which are contained in the Disabled Drivers and Disabled Passengers (Tax Concessions) Regulations 1994 (S.I. 353 of 1994).
Regulation 10(1) of S.I. 353 of 1994 provides that where a vehicle is to be used for the transport of a passenger with a disability, it must be purchased either by the passenger himself or herself, or by a family member of that person.
Relief is confined to the family member who provides transport for the person with the disability. That family member must reside with and be responsible for the transport of the person with the disability.
I am advised by the Revenue Commissioners that the information in the most recent application made to them under the scheme indicated that the person concerned is being transported and cared for by an individual who is not a family member. This was a material change from the previous application where the father of the person concerned was the primary carer and solely responsible for his transport and care.
Accordingly, the applicant does not qualify for tax relief under the scheme and he was notified of this in a letter of 25th March 2015 from Revenue.
The person has a statutory right to appeal this decision under Sections 145 and 146 of the Finance Act 2001. The first stage of the appeals process consists of the re-examination of the matter by a senior manager within Revenue who was not involved in the original decision. If the person is dissatisfied with the outcome of this first stage of the appeals process, he may apply, within 30 days of being notified of the first stage appeal decision, to have his case heard by the Appeal Commissioners.
73. Deputy Micheál Martin asked the Minister for Finance the position regarding the fees KPMG was paid when the Irish Bank Resolution Corporation was liquidated; and if he will make a statement on the matter. [17146/15]
View answer81. Deputy Micheál Martin asked the Minister for Finance if he will provide, in tabular form, the amount of fees paid to KPMG for work it did for the Irish Bank Resolution Corporation since it was established; and if he will make a statement on the matter. [17154/15]
View answerI propose to take Questions Nos. 73 and 81 together.
I am advised that due to commercial confidentiality and sensitivities, the Special Liquidators do not propose to provide details of amounts due and paid to KPMG by Irish Bank Resolution Corporation Limited prior to the appointment of the Special Liquidators. However, any amounts owing at the date of the appointment of the Special Liquidators rank as unsecured claims.
Amounts due and payable to KPMG since the appointment of the Special Liquidators are detailed in the progress update report of 12 March 2015, which is available on the Department of Finance website at http://www.finance.gov.ie/sites/default/files/DOF_IBRC_Progress%20update%20report%20to%2031%20Dec%2014.pdf. Total fees of €76m were paid to KPMG (KPMG Special Liquidator team: €71.4m and KPMG migration team: €4.6m) to 31 December 2014.
74. Deputy Micheál Martin asked the Minister for Finance his views regarding the share prices of Siteserv before, during and after the sale by the Irish Bank Resolution Corporation; if concerns regarding the share price were brought to his attention; and if he will make a statement on the matter. [17147/15]
View answerDuring the Department of Finance review into the sale of Siteserv, the share price movement of Siteserv was not brought to the attention of me or officials in my Department. Neither I nor officials in my Department monitored the share price as we did not have a direct shareholding in Siteserv.
The Irish Stock Exchange investigates suspicious share trading activity including suspected insider dealing on the Enterprise Stock Market, being the market on which Siteserv shares traded, and reports any such findings to the Office of Director of Corporate Enforcement. The Department of Finance does not have a role in this process.
75. Deputy Micheál Martin asked the Minister for Finance if he is awae of the tense relations between the chair of the Irish Bank Resolution Corporation and the Secretary General of his Department; when his attention was drawn to the matter; the person who informed him of such; and if he will make a statement on the matter. [17148/15]
View answer84. Deputy Micheál Martin asked the Minister for Finance his views on the comments made by the former chair of the Irish Bank Resolution Corporation regarding officials in his Department; and if he will make a statement on the matter. [17157/15]
View answerI propose to take Questions Nos. 75 and 84 together.
There was a professional working relationship between my Department and senior management of IBRC at all times. Given the issues which the bank was dealing with at the time, this may not have always led to agreement on certain matters between my Department and senior management of IBRC, nor should this be expected. I would expect healthy debate on such matters between the parties involved and expect they would have asked difficult questions of each other during their interactions given the importance of the decisions being made.
We should expect professionals to challenge, debate and sometimes disagree with each other and not shy away from having difficult discussions in pursuing and justifying what they believe to be the best course of action in whatever issue they are addressing.
76. Deputy Micheál Martin asked the Minister for Finance the position regarding the meeting he had with An Taoiseach on 22 April 2015 regarding Siteserv; and if he will make a statement on the matter. [17149/15]
View answerI spoke with An Taoiseach on the morning of 22 April 2015 during which we discussed various matters including that of Siteserv. During this exchange, I let An Taoiseach know that the Chairman provided me with strong assurances that the transaction, including those aspects of the transaction with which there were concerns, had been thoroughly assessed by the IBRC Board and that the Board of IBRC was satisfied that the transaction was managed in the best manner possible to achieve the best result for the State.
I further spoke to An Taoiseach about the steps which were taken by me and my Department following the meeting with the Chairman and CEO in July 2012. As evidenced in the information released under FOI, engagement continued between Department of Finance officials and senior management of IBRC to improve upon the working relationship with IBRC and to help protect against such concerns arising in the future, including the implementation of the revised relationship framework and the secondment of a senior Department of Finance official to IBRC as a senior executive to facilitate IBRC's ongoing deleveraging.
I also informed him that there was a FOI due to be released the following day which would give further information on certain issues within IBRC at that time. The records under that FOI are now available on the Department of Finance website at http://www.finance.gov.ie/news-centre/press-releases/ibrc-foi-documents.
We also discussed the possibility of a review of the transaction by a third party. One option mentioned was a review to be carried out by the Comptroller and Auditor General. We subsequently decided that the most effective way to carry out the review was to give a direction to the Special Liquidator under the IBRC Act.
77. Deputy Micheál Martin asked the Minister for Finance when he first became aware of the sale of Siteserv; the actions he took as a consequence; and if he will make a statement on the matter. [17150/15]
View answerThe Board of IBRC met and approved the sale of Siteserv on 15 March 2012. On 16 March 2012, given that Siteserv was a member of the Enterprise Securities Market, it was announced to the Stock Exchange of the proposed disposal of the Siteserv business to Millington. As per the RNS on the Irish Stock Exchange, completion of the sale was subject to and conditional upon a number of conditions including receipt of approval of the transaction from the Irish Competition Authority. After this announcement to the stock exchange there would have been media attention around the transaction.
I have been informed that my officials were not made aware of the details of the transaction during their monthly meetings with IBRC management in advance of the decision of the Board to approve the sale. The Department did not receive board packs or minutes of the IBRC board meetings prior to the introduction of the revised relationship framework that came into operation on the 29th of March 2012.
Under the relationship framework that was in place prior to the 29th of March 2012, the board of IBRC were not required to consult with the Minister for Finance on transactions such as the sale of Siteserv and they did not do so.
Following the introduction of the new relationship framework, the board of IBRC commenced forwarding board packs and minutes of board meetings. I wish to note that the April 2012 Board pack contained the minutes of the Board meetings held on 20 March 2012, 21 March 2012, 28 March 2012 and 13 April 2012; however there was no minutes included in the April Board pack of the Board meeting of 15 March 2012, which we subsequently learned approved the sale of Siteserv.
Following a thorough search of emails and documents held by the Department of Finance and discussions with the Department officials involved, I am informed that the first record relating to the sale of Siteserv is dated 23 March 2012 and was an email from a member of the public relating to media reports around the sale of Siteserv.
The first Parliamentary Question was answered on the sale of Siteserv on 3 April 2012 with a further PQ on the matter answered on 18 April 2012. It is important to note that my Department conducted a review of the transaction in June 2012 so any concerns around the transaction were not known by either me or my officials when answering PQs prior to June 2012.
There were no further PQs answered in relation to Siteserv in 2012.
There were no PQs answered on Siteserv in 2013.
There were 2 PQ's answered on Siteserv in 2014.
The first PQ which was answered on Siteserv in 2014 was on 21 October 2014 with a further PQ answered on 16 December 2014 which stated that "The sale process involved two stages and IBRC was briefed after each stage. The Board of Siteserv, as advised by KPMG Corporate Finance and Davy Corporate Finance, recommended the successful bid as representing the best return for IBRC. I am advised that the Board of the bank at that time were satisfied that this was the case".
On 4 March 2015 I next answered a PQ in relation to the relationship framework that was in place when the sale of Siteserv took place. On 26 March 2015, I next answered 3 PQs on Siteserv in which I detailed meetings which were held between my Department and IBRC in relation to Siteserv and also around the steps that were taken when reports of certain details around the transaction came to the attention of my Department.
A further 21 PQs have been answered by me since the 1 April 2015 up to 29 April 2015 on Siteserv and details relating to the transaction.
Returning to the period when the deal was first brought to the my attention and that of my officials.
As my officials became aware of reports of certain aspects of the Siteserv transaction in April and May 2012, they inquired about the transaction with IBRC management as part of their regular engagement. Following initial discussions, they agreed with IBRC's Chairman and CEO (on 31 May 2012) that the Department would review the available information on the transaction involving Siteserv in greater detail to better understand the decisions taken and the impact these decisions had on the process and the final recovery for the bank.
This review by Department of Finance officials took place on 11 June 2012. Through this review, Department of Finance officials became concerned with certain aspects of the transaction and details of the concerns which were set out in the memos and briefing notes that have been released under recent Freedom of Information requests and which are available on the Department of Finance website.
Following this review, on the 25 July 2012, I met with IBRC's Chairman and CEO to discuss, among other things, the concerns regarding this transaction which were raised following Department engagement with IBRC management.
At this meeting, the Chairman provided me with strong assurances that the transaction, including those aspects of the transaction with which there were concerns, had been thoroughly assessed by the IBRC Board and that the Board of IBRC were satisfied that the transaction was managed in the best manner possible to achieve the best result for the State.
It should be noted that the IBRC Board had a fiduciary responsibility to the bank's stakeholders and so, in light of this legal responsibility, the Chairman and the Board would have considered and provided such assurances following serious and careful consideration. I accepted these assurances from the Chairman of IBRC.
However, as is also evidenced in the information released under Freedom of Information, engagement continued between Department of Finance officials and senior management of IBRC to improve upon the working relationship with IBRC and to help protect against such concerns arising in the future, including the implementation of the revised relationship framework and the secondment of a senior Department of Finance official to IBRC as a senior executive to facilitate IBRC's ongoing deleveraging.
The senior official remained seconded to IBRC unitl the liquidation of the bank in February 2013.
The following revised reply was received on 9 June 2015
The Board of IBRC met and approved the sale of Siteserv on 15 March 2012. On 16 March 2012, given that Siteserv was a member of the Enterprise Securities Market, it was announced to the Stock Exchange of the proposed disposal of the Siteserv business to Millington. As per the RNS on the Irish Stock Exchange, completion of the sale was subject to and conditional upon a number of conditions including receipt of approval of the transaction from the Irish Competition Authority. After this announcement to the stock exchange there would have been media attention around the transaction.
The Department did receive board packs or minutes of the IBRC board meetings prior to the introduction of the revised relationship framework that came into operation on the 29th of March 2012.
Under the relationship framework that was in place prior to the 29th of March 2012, the board of IBRC were not required to consult with the Minister for Finance on transactions such as the sale of Siteserv and they did not do so.
Following searches of both soft copy data and hard copy files within the Department, discussions with former Department members of staff with responsibility for these matters and discussions with the Special Liquidators of IBRC, I am informed that officials were not aware of details of the Siteserv transaction until after it was approved by the board of IBRC on 15 March 2012.
The first Parliamentary Question was answered on the sale of Siteserv on 3 April 2012 with a further PQ on the matter answered on 18 April 2012. It is important to note that my Department conducted a review of the transaction in June 2012 so any concerns around the transaction were not known by either me or my officials when answering PQs prior to June 2012.
There were no further PQs answered in relation to Siteserv in 2012
There were no PQs answered on Siteserv in 2013.
There were 2 PQ's answered on Siteserv in 2014.
The first PQ which was answered on Siteserv in 2014 was on 21 October 2014 with a further PQ answered on 16 December 2014 which stated that "The sale process involved two stages and IBRC was briefed after each stage. The Board of Siteserv, as advised by KPMG Corporate Finance and Davy
Corporate Finance, recommended the successful bid as representing the best return for IBRC. I am advised that the Board of the bank at that time were satisfied that this was the case".
On 4 March 2015 I next answered a PQ in relation to the relationship framework that was in place when the sale of Siteserv took place. On 26 March 2015, I next answered 3 PQs on Siteserv in which I detailed meetings which were held between my Department and IBRC in relation to Siteserv and also around the steps that were taken when reports of certain details around the transaction came to the attention of my Department.
A further 21 PQs have been answered by me since the 1 April 2015 up to 29 April 2015 on Siteserv and details relating to the transaction.
Returning to the period when the deal was first brought to my attention and that of my officials.
As my officials became aware of reports of certain aspects of the Siteserv transaction in April and May 2012, they inquired about the transaction with IBRC management as part of their regular engagement. Following initial discussions, they agreed with IBRC's Chairman and CEO (on 31 May 2012) that the Department would review the available information on the transaction involving Siteserv in greater detail to better understand the decisions taken and the impact these decisions had on the process and the final recovery for the bank.
This review by Department of Finance officials took place on 11 June 2012. Through this review, Department of Finance officials became concerned with certain aspects of the transaction and details of the concerns which were set out in the memos and briefing notes that have been released under recent Freedom of Information requests and which are available on the Department of Finance website.
Following this review, on the 25 July 2012, I met with IBRC's Chairman and CEO to discuss, among other things, the concerns regarding this transaction which were raised following Department engagement with IBRC management.
At this meeting, the Chairman provided me with strong assurances that the transaction, including those aspects of the transaction with which there were concerns, had been thoroughly assessed by the IBRC Board and that the Board of IBRC were satisfied that the transaction was managed in the best manner possible to achieve the best result for the State.
It should be noted that the IBRC Board had a fiduciary responsibility to the bank's stakeholders and so, in light of this legal responsibility, the Chairman and the Board would have considered and provided such assurances following serious and careful consideration. I accepted these assurances from the Chairman of IBRC.
However, as is also evidenced in the information released under Freedom of Information, engagement continued between Department of Finance officials and senior management of IBRC to improve upon the working relationship with IBRC and to help protect against such concerns arising in the future, including the implementation of the revised relationship framework and the secondment of a senior Department of Finance official to IBRC as a senior executive to facilitate IBRC's ongoing deleveraging.
The senior official remained seconded to IBRC until the liquidation of the bank in February 2013.
78. Deputy Micheál Martin asked the Minister for Finance if he is aware of any other concerns regarding the sale of Siteserv that have not been released under the freedom of information legislation; and if he will make a statement on the matter. [17151/15]
View answerNeither I nor officials in my Department are aware of any other concerns regarding the sale of Siteserv other than those contained in records which were recently released under FOI and are available on the Department of Finance website.
79. Deputy Micheál Martin asked the Minister for Finance if he has been informed by his Department officials of any concerns about any sale by the Irish Bank Resolution Corporation other than Siteserv; and if he will make a statement on the matter. [17152/15]
View answerA number of concerns around various matters including certain transactions were raised by my officials which are set out in records recently released under FOI and which are available on the Department of Finance website at http://www.finance.gov.ie/news-centre/press-releases/ibrc-foi-documents. I would encourage the Deputy to review these records and revert with any specific questions he has on any of these matters.
80. Deputy Micheál Martin asked the Minister for Finance if he or his officials have received any correspondence from Siteserv, either through the Department's legal firm or otherwise; and if he will make a statement on the matter. [17153/15]
View answerThere is no record of any correspondence in my Department from Siteserv.
82. Deputy Micheál Martin asked the Minister for Finance the amount KPMG has received for work done in his Department since 2012; and if he will make a statement on the matter. [17155/15]
View answerKPMG received no payment for work done in my Department since 2012.
Two individuals from KPMG were seconded to my Department on a pro bono basis for part of 2012 and 2013.
83. Deputy Micheál Martin asked the Minister for Finance if he has received a letter from Davy Stockbrokers in connection with the Siteserv sale; and if he will make a statement on the matter. [17156/15]
View answerThere is no record in my Department of a letter being received from Davy Stockbrokers in connection with the Siteserv sale.
However, in the context of responding to recent questions regarding the transaction, officials in my Department have received correspondence from Davy confirming that Davy were advising Siteserv exclusively.
85. Deputy Catherine Murphy asked the Minister for Finance if he will describe the quality of the working relationship between his Department and the senior management and staff at the Irish Bank Resolution Corporation in the months leading up to the appointment of a special liquidator to same; if he will release all correspondence and documentation in the period from the sale of Siteserv plc until the appointment of the special liquidator which indicate his Department’s opinion or concern regarding the quality of decision making by senior management; if he will provide all documentation and correspondence concerning the eventual appointment of a special liquidator; and if he will make a statement on the matter. [17173/15]
View answerThere was a professional working relationship between my Department and senior management of IBRC at all times. Given the issues which the bank was dealing with at the time, this may not have always led to agreement on certain matters between my Department and senior management of IBRC, nor should this be expected. I would expect healthy debate on such matters between the parties involved and expect they would have asked difficult questions of each other during their interactions given the importance of the decisions being made.
We should expect professionals to challenge, debate and sometimes disagree with each other and not shy away from having difficult discussions in pursuing and justifying what they believe to be the best course of action in whatever issue they are addressing.
In relation to your request for documentation and correspondence, I would suggest that the Deputy seek the release of these documents under a Freedom of Information request.
86. Deputy Catherine Murphy asked the Minister for Finance the dialogue his Department had with the European Commission regarding its concerns as to the quality of some of the managerial decisions at the Irish Bank Resolution Corporation; if he will release all documentation and correspondence concerning same; and if he will make a statement on the matter. [17174/15]
View answerNeither I nor officials from my Department are aware of any specific concerns being raised with the European Commission regarding the quality of some of the managerial decisions taken at IBRC.
87. Deputy Catherine Murphy asked the Minister for Finance the dialogue his Department had with the European Commission regarding the appointment of a special liquidator to the Irish Bank Resolution Corporation; if he will release all documentation and correspondence concerning same; and if he will make a statement on the matter. [17175/15]
View answerThere was no specific dialogue between my Department and the European Commission in relation to the appointment of the Special Liquidator to IBRC given the scale and sensitivity of that decision. It should be noted however that the European Commission, as part of the Troika, were involved in discussions regarding the restructuring of the Promissory Notes generally in the period leading up to the agreement with the European Central Bank in February 2013.
88. Deputy Catherine Murphy asked the Minister for Finance if he or any of his officials expressed any concerns regarding the fact that the winning bid presented during the sale process of Siteserv plc was apparently presented as matching the precise requirements of the seller, in this case without any prior engagement by said bidder with the sale process; his views that such a concise bid is unusual and raises some concerns regarding the extent of information which could potentially have been made available during the sale process; if he will publish all concerns expressed by Department officials regarding the sale process, with particular reference to the foregoing element of the sale; and if he will make a statement on the matter. [17176/15]
View answerUpon the receipt of critical representations following the transaction, Department of Finance officials inquired about the transaction with IBRC management as part of their regular engagement. Following initial discussions, they agreed with IBRC's Chairman and CEO (on 31 May 2012) that they would review the available information on the transaction involving Siteserv in greater detail to better understand the decisions taken and the impact these decisions had on the process and the final recovery for the bank.
This review by Department of Finance officials took place on 11 June 2012. Through this review, Department of Finance officials became concerned with certain aspects of the transaction, which were set out in the memo's and briefing notes that have been released under recent Freedom of Information requests and which are available on the Department of Finance website at http://www.finance.gov.ie/news-centre/press-releases/ibrc-foi-documents. These documents include all concerns which my Department expressed regarding the sale process.
From these records, there is no evidence that it was brought to the attention of my officials that the winning bid to purchase Siteserv was apparently presented as matching the precise requirements of the seller.
89. Deputy Bernard J. Durkan asked the Minister for Public Expenditure and Reform the number of applicants that applied for the position of laboratory attendant at the State Laboratory, Celbridge, County Kildare; the number interviewed for the post; if further positions are likely to be filled following the interviews; if the position was, or is, open to applicants outside of present employees; if further vacancies are available; and if he will make a statement on the matter. [17092/15]
View answerI am informed by the State Chemist that 111 applications were received for the position of Laboratory Attendant at the State Laboratory, Celbridge, County Kildare. The next stage will involve shortlisting of candidates and it is expected that interviews for the post will be held in mid May. There is one vacancy to be filled following the interviews. The position was also open to applicants outside of present employees.
90. Deputy Paul Murphy asked the Minister for Public Expenditure and Reform if asking candidates in interviews for positions in the civil and public service regarding their political views is prohibited or in breach of any guidelines. [17038/15]
View answerRecruitment to the Civil and Public Service is regulated by the Public Service Management (Recruitment and Appointments) Act 2004. The Act established the Public Appointments Service (PAS) as the centralised recruitment body for the Civil and Public Service. The Act also established the Commission for Public Service Appointments (CPSA) as the regulator of civil service recruitment. The CPSA publishes codes of practice setting out how competitions are run and also issues recruitment licences to individual Departments to allow them to conduct their own recruitment.
Probity is a key principle underlying all recruitment under the Act, and a key objective of the Commission is to ensure acceptable standards of probity in all appointment processes. The principles established by the Commission in the Code of Practice are underpinned by the core values that define probity such as integrity, impartiality, fairness, reliability and ethical conduct.
In light of the values and principles of recruitment for the civil and public service established and overseen by the Commission, it clearly would not be appropriate for an applicant to be asked a question on their political views. The Deputy may wish to note that the Commission maintains review procedures in the case of where there is an alleged breach of its Code. These procedures are published on its website at www.cpsa.ie.
91. Deputy Éamon Ó Cuív asked the Minister for Public Expenditure and Reform when it is expected that work will commence on drainage works, and so on, on the River Clare in Claregalway in County Galway, in view of the fact the Commissioners for Public Works first submitted the works for approval to him in November 2013; the reason for the delay in these works; when they will be completed; and if he will make a statement on the matter. [17047/15]
View answerAs indicated in my replies to previous Questions on this subject, the Office of Public Works (OPW) has submitted the proposals for the Clare River (Claregalway) scheme for statutory approval by the Minister for Public Expenditure and Reform, as required by the Arterial Drainage Acts.
In order to comply with the requirements of SI 469 and SI 470 of 2012, the Department of Public Expenditure and Reform (DPER) engaged experts to carry out an independent environmental assessment in the form of an evaluation of the Environmental Impact Statement (EIS) that was prepared by the OPW for the proposed Claregalway scheme. The report on the independent evaluation has been received by DPER and that Department is currently considering the report and expects to make a decision on the scheme in the coming weeks.
The commencement of works is therefore dependent on the outcome of this decision and it is expected their duration would be in the order of 18 to 24 months.
I wish to re-affirm that the OPW remains committed to carrying out the scheme, subject to the Minister's sanction, and has provided for its cost in its multi-annual capital expenditure profiles to 2017.
92. Deputy Olivia Mitchell asked the Minister for Public Expenditure and Reform if a change to the payment system for public sector pensions is being considered; if so, the measures that are being proposed; and if he will make a statement on the matter. [17111/15]
View answerIt is anticipated that the Payroll Shared Service Centre within my Department will begin processing pensions currently processed by the Departments of Agriculture, Defence, Finance, Justice & Equality and the Oireachtas later this year. This will not involve any significant change to underlying payment systems.
