Parliamentary questions

Banking Sector Remuneration

Pearse Doherty

192. Deputy Pearse Doherty asked the Minister for Finance in respect of the Educational Building Society, if he will provide a listing of the public interest directors appointed to that bank since 2008; the total remuneration paid to each such director and the date on which their appointments expire. [49475/12]

Banking Sector Remuneration

Pearse Doherty

193. Deputy Pearse Doherty asked the Minister for Finance in respect of Bank of Ireland, if he will provide a listing of the public interest directors appointed to that bank since 2008; the total remuneration paid to each such director and the date on which their appointments expire. [49476/12]

Banking Sector Remuneration

Pearse Doherty

194. Deputy Pearse Doherty asked the Minister for Finance in respect of Irish Nationwide Building Society, if he will provide a listing of the public interest directors appointed to that bank since 2008; the total remuneration paid to each such director and the date on which their appointments expire. [49477/12]

Banking Sector Remuneration

Pearse Doherty

195. Deputy Pearse Doherty asked the Minister for Finance in respect of Anglo Irish Bank, if he will provide a listing of the public interest directors appointed to that bank since 2008; the total remuneration paid to each such director and the date on which their appointments expire. [49478/12]

Banking Sector Remuneration

Pearse Doherty

196. Deputy Pearse Doherty asked the Minister for Finance in respect of Irish Bank Resolution Corporation, if he will provide a listing of the public interest directors appointed to that bank since 2011; the total remuneration paid to each such director and the date on which their appointments expire. [49479/12]

Public Interest Directors

Pearse Doherty

197. Deputy Pearse Doherty asked the Minister for Finance if he will provide in detail the responsibilities of public interest directors in the formerly six covered financial institutions and to contrast those responsibilities with the responsibilities of other directors on the boards of those financial institutions. [49480/12]

Public Interest Directors

Pearse Doherty

198. Deputy Pearse Doherty asked the Minister for Finance if he will provide an assessment of the performance of each the public interest directors at the six formerly covered financial institutions. [49481/12]

Banking Sector Remuneration

Pearse Doherty

199. Deputy Pearse Doherty asked the Minister for Finance in respect of Irish Life and Permanent if he will provide a listing of the public interest directors appointed to that bank since 2008; the total remuneration paid to each such director and the date on which their appointments expire. [49482/12]

European Stability Mechanism

Pearse Doherty

200. Deputy Pearse Doherty asked the Minister for Finance in respect of the €509,504,000 contribution paid by the State to the European Stability Mechanism in October 2012, the interest rate and expected date of receipt that applies to interest receivable on this contribution. [49483/12]

European Stability Mechanism

Pearse Doherty

201. Deputy Pearse Doherty asked the Minister for Finance in respect of the €509,504,000 paid by the State to the European Stability Mechanism in October 2012, the treatment of this and other future payments to the ESM in calculating the deficit target as set out in the memorandum of understanding with the IMF-EU-ECB. [49484/12]

Economic Data

Pearse Doherty

202. Deputy Pearse Doherty asked the Minister for Finance his latest estimate of nominal Gross Domestic Product in 2012. [49485/12]

Economic Data

Pearse Doherty

203. Deputy Pearse Doherty asked the Minister for Finance his latest estimate of the 2012 State deficit which stood at €14,071,652,000 at the end of October 2012. [49486/12]

Economic Data

Pearse Doherty

204. Deputy Pearse Doherty asked the Minister for Finance his latest estimate of deficit gross domestic product in 2012 and if it remains the case that the State will meet its target deficit GDP of 8.6% or less in 2012 as set out in the memorandum of understanding with the IMF-EU-ECB. [49487/12]

Pension Provisions

Pearse Doherty

205. Deputy Pearse Doherty asked the Minister for Finance in respect of the €1.1billion top-up made by Allied Irish Banks to that Bank’s group pension scheme in August 2012, set out the contact or contacts the Bank had with him or his Department regarding to the transaction, specifically the date and nature of the contact or contacts. [49491/12]

Pension Provisions

Pearse Doherty

206. Deputy Pearse Doherty asked the Minister for Finance in respect of the €1.1 billion top-up made by Allied Irish Banks to the group pension scheme in August 2012, if he provided approval for this transaction in a bank in which he owns 99.8% of the shares; and if so, the date of the provision of any such approval. [49492/12]

Pension Provisions

Pearse Doherty

207. Deputy Pearse Doherty asked the Minister for Finance in respect of the €1.1 billion top-up made by Allied Irish Banks to the group pension scheme in August 2012, if he will identify in the stress testing undertaken by the Central Bank of Ireland with Barclays Capital, BlackRock and the Boston Consulting Group in early 2011 which resulted in the publication of the financial measures programme on 31 March 2011 where in this work was the €1.1 billion shortfall in the AIB pension fund examined or identified. [49493/12]

Pension Provisions

Pearse Doherty

208. Deputy Pearse Doherty asked the Minister for Finance in respect of the €1.1billion top-up made by Allied Irish Banks to the group pension scheme in August 2012, if he will estimate the capital value needed by a pension fund in order to make an annual payment of €529,000 to a scheme member, as is reportedly the case with annual payments to the former chief executive officer of AIB, Mr Eugene Sheehy. [49494/12]

Financial Services Sector Remuneration

Pearse Doherty

209. Deputy Pearse Doherty asked the Minister for Finance in respect of the following financial institutions, Allied Irish Banks, Anglo Irish Bank, Irish Nationwide Building Society, Irish Bank Resolution Corporation, Educational Building Society, Permanent TSB, Irish Life, Irish Life and Permanent, if he will provide in tabular form the annual total of top-ups made to company pension schemes in each of the years 2008, 2009, 2010, 2011; if he wll further provide the total of top-ups made to company pension schemes to date in 2012. [49495/12]

State Properties Data

Pearse Doherty

210. Deputy Pearse Doherty asked the Minister for Finance if he will provide a list detailing the property vested in the State since 8 March 2011 pursuant to section 73 of the Succession Act 1965, showing the name of the deceased and a brief description of the property. [49498/12]

Financial Services Sector Remuneration

Pearse Doherty

211. Deputy Pearse Doherty asked the Minister for Finance if he will provide in tabular form, with respect to the Permanent TSB, the number of the staff whose annual salary at 31 December 2011 fell in the following bands €400,000 and above, €300,000 to €399,999, €200,000 to €299,999 and €150,000 to €199,999. [49499/12]

Financial Services Sector Remuneration

Pearse Doherty

212. Deputy Pearse Doherty asked the Minister for Finance if he will provide in tabular form, with respect to the Irish Life, the number of the staff whose annual salary at 31 December 2011 fell in the following bands €400,000 and above, €300,000 to €399,999, €200,000 to €299,999 and €150,000 to €199,999. [49500/12]

Financial Services Sector Remuneration

Pearse Doherty

213. Deputy Pearse Doherty asked the Minister for Finance the salary paid to the Chief Executive Officer of Permanent TSB; and if he will provide a listing and quantification of any additional benefits paid, and in respect of any expense allowance; if he will confirm if such allowances are paid only in respect of vouched and receipted expenditure. [49501/12]

Financial Services Sector Remuneration

Pearse Doherty

214. Deputy Pearse Doherty asked the Minister for Finance if the Chief Executive Officer of Permanent TSB is employed on a temporary contract; if so, the date on which this contract was entered into; the termination date of this contract; if he will quantify any termination payments provided for under the contract. [49502/12]

Financial Services Sector Remuneration

Pearse Doherty

215. Deputy Pearse Doherty asked the Minister for Finance if the Chief Executive Officer of Permanent TSB is employed on a continuing or permanent contract; if so, if he will quantify any termination payments provided for under the contract. [49503/12]

Financial Services Sector Remuneration

Pearse Doherty

216. Deputy Pearse Doherty asked the Minister for Finance if he has contacted Permanent TSB, whose shares are 99.5% owned by him, requesting staff whose annual salary is in excess of €200,000 to waive 15% of their salary or such amount in excess of €200,000 whichever is the lesser; if he has, the date on which he first made this contact; the number of staff whose annual salaries were in excess of €200,000 at that date; the number of staff who acquiesced to the request for the waiver; the number of staff who refused the request for the waiver and the number of staff who have not responded to the request for the waiver. [49504/12]

Financial Services Sector Remuneration

Pearse Doherty

217. Deputy Pearse Doherty asked the Minister for Finance the salary paid to the Chief Executive Officer of Irish Life; if he will provide a listing and quantification of any additional benefits paid; and in respect of any expenses allowance if he will confirm if such allowances are paid only in respect of vouched and receipted expenditure. [49505/12]

Financial Services Sector Remuneration

Pearse Doherty

218. Deputy Pearse Doherty asked the Minister for Finance if the Chief Executive Officer of Irish Life is employed on a temporary contract; if so, the date on which this contract was entered into; the termination date of this contract; if he will quantify any termination payments provided for under the contract. [49506/12]

Financial Services Sector Remuneration

Pearse Doherty

219. Deputy Pearse Doherty asked the Minister for Finance if the Chief Executive Officer of Irish Life is employed on a continuing or permanent contract; and if so if he will quantify any termination payments provided for under the contract. [49507/12]

Banking Sector Remuneration

Pearse Doherty

220. Deputy Pearse Doherty asked the Minister for Finance if he has contacted Irish Life, a company wholly owned by him, requesting staff whose annual salary is in excess of €200,000 to waive 15% of their salary or such amount in excess of €200,000 whichever is the lesser; and if he has, the date on which he first made this contact; the number of staff whose annual salaries were in excess of €200,000 at that date; the number of staff who acquiesced to the request for the waiver; the number of staff who refused the request for the waiver and the number of staff who have not responded to the request for the waiver. [49508/12]

Mortgage Interest Relief Extension

Ged Nash

221. Deputy Gerald Nash asked the Minister for Finance if he will consider extending for a year the mortgage relief measures announced in Budget 2012 in view of the fact that we are only just starting to see the beginning of a possible recovery in the property market; and if he will make a statement on the matter. [49513/12]

Mortgage Resolution Processes

Robert Troy

222. Deputy Robert Troy asked the Minister for Finance if he will provide a definitive timeline as to when Permanent TSB will be rolling out the mortgage to rent scheme. [49524/12]

Tax Code

Olivia Mitchell

223. Deputy Olivia Mitchell asked the Minister for Finance if he will consider in the upcoming budget the case of buy to let landlords in circumstances where the formula used to subtract losses from 25% of interest paid to the bank Budget 2011 may result in taxable gain; and if he will make a statement on the matter. [49543/12]

Bank Debt Restructuring

Maureen O'Sullivan

224. Deputy Maureen O'Sullivan asked the Minister for Finance if he will publish a schedule identifying all those financial institutions that have ultimate recourse to the German sovereign exchequer in the event of default which derived a benefit or which were protected from loss by the bank guarantee given by the then Government on behalf of the Irish people on 28 September 2010; if he will publish his estimate of the gain conferred on those institutions by way of the guarantee; and if he will make a statement on the matter. [49573/12]

Banking Operations

Terence Flanagan

225. Deputy Terence Flanagan asked the Minister for Finance the measures he and the Irish Bank Resolution Corporation are taking to recover overseas property that was formerly in the name of the Quinn Group; and if he will make a statement on the matter. [49585/12]

Budget 2013

Terence Flanagan

226. Deputy Terence Flanagan asked the Minister for Finance if Budget 2013 will require more cuts and taxes as growth rates have been reduced by his Department for next year; and if he will make a statement on the matter. [49586/12]

Tax Collection

Joe Higgins

227. Deputy Joe Higgins asked the Minister for Finance the number of tax cases in the following bands (details supplied) that are composed of individual earners as opposed to couples. [49623/12]

Tax Collection Forecasts

Joe Higgins

228. Deputy Joe Higgins asked the Minister for Finance the current average effective rate of tax including PRSI and universal social charge of persons earning within the bands (details supplied) and the amount of additional revenue that would be collected if the nominal and effective rates were adjusted. [49624/12]

NAMA Expenditure

Gerry Adams

229. Deputy Gerry Adams asked the Minister for Finance the fees that are paid to companies who provide property valuations for the National Asset Management Agency; the fees for this service that were paid in each of the years since NAMA was established; the persons who were the top ten recipients of these fees in each of the years since NAMA was established. [49629/12]

NAMA Expenditure

Gerry Adams

230. Deputy Gerry Adams asked the Minister for Finance if he will provide a breakdown of the legal fees paid by the National Asset Management Agency to date in 2012; if he will provide a breakdown of the recipients of those fees including the amount each recipient received from NAMA; and for the total legal fees incurred by NAMA since its establishment. [49630/12]

IBRC Investigations

Gerry Adams

231. Deputy Gerry Adams asked the Minister for Finance if he will provide a breakdown of the legal fees incurred by the Irish Bank Resolution Corporation in each year since its establishment. [49631/12]

Departmental Agencies Expenditure

Billy Kelleher

232. Deputy Billy Kelleher asked the Minister for Finance if he will provide in tabular form the amount currently being spent on, or budgeted for, by State agencies under his remit for spending on the areas of communications, public relations, consultancy, advertising and human resources; and if he will make a statement on the matter. [49652/12]

Fuel Trader's Licence

John McGuinness

233. Deputy John McGuinness asked the Minister for Finance the consultation that has taken place between Revenue and fuel retailers relevant to the fees charged and the new regulations in respect of a fuel traders licence; if consideration was given to the costs involved for smaller operators in this sector relevant to the new compliance requirements; and if he will make a statement on the matter. [49691/12]

European Stability Mechanism

Finian McGrath

234. Deputy Finian McGrath asked the Minister for Finance the position regarding the moneys paid to the ESM following ratification of the ESM Treaty; and if he will make a statement on the matter. [49704/12]

Liquor Licence Numbers

Brendan Griffin

235. Deputy Brendan Griffin asked the Minister for Finance the number of licensed premises in the State; the number of pubs and the turnover breakdown of these pubs; and if he will make a statement on the matter. [49741/12]

Tax Code

Gerry Adams

236. Deputy Gerry Adams asked the Minister for Finance if he has given any consideration to the introduction of a levy on alcohol products which are sold unopened; and if he will make a statement on the matter. [49783/12]

Financial Services Regulation

Kevin Humphreys

237. Deputy Kevin Humphreys asked the Minister for Finance if the rule of 78 method of calculating interest regulated is banned here for hire purchase or leasing agreements, loans or mortgages; if he will specify where it can or cannot be used on financial transactions; if he will indicate the legislation and sections therein that regulate this area; and if he will make a statement on the matter. [49798/12]

IBRC Investigations

Gerry Adams

238. Deputy Gerry Adams asked the Minister for Finance further to Parliamentary Question No. 135 on 23 October 2012, if he will confirm if the awarding of the loan sale advisory contract to UBS by Irish Bank Resolution Corporation under the bank's structured procurement process followed the same tendering process as referred to in the answer to Parliamentary Question No. 133 of 23 October 2012, including where a request for quotation was published on Official Journal of the European Union; if he will confirm if this was not the same tendering process for the appointment of UBS; the reason IBRC adopted a different tendering process for the awarding of the contract to UBS; if he will confirm the number of competing bidders against UBS for the contract with IBRC; and if he will make a statement on the matter. [49803/12]

IBRC Investigations

Gerry Adams

239. Deputy Gerry Adams asked the Minister for Finance further to Parliamentary Question No. 138 of 23 October 2012, if he will confirm irrespective of his statement that the secondment of a person (details supplied) into Irish Bank Resolution Corporation should not be adversely inferred as a lack of confidence by him in the management or board of the bank; if it is the case that he retains confidence in the management and the board of IBRC; and if he will make a statement on the matter. [49804/12]

Banks Recapitalisation

Gerry Adams

240. Deputy Gerry Adams asked the Minister for Finance if he will confirm the total nominal amount in euro of Anglo Irish Bank subordinated bonds that were governed by English Law that were subsequently subjected to a subordinated debt buy back in November and December 2010; if he will confirm the total nominal amount in euro of Irish Nationwide subordinated bonds, Irish Life and Permanent subordinated bonds and Allied Irish Banks subordinated bonds that were governed by English Law that were subsequently subjected to subordinated debt buy backs in 2011; and if he will make a statement on the matter. [49805/12]

Sovereign Debt

Gerry Adams

241. Deputy Gerry Adams asked the Minister for Finance if he will detail the total nominal amount in euro of Irish Government bonds which are governed by English Law; and if he will make a statement on the matter. [49806/12]