Cullen, Martin

Tuesday, 30 June 1998

Dáil Éireann Debate
Vol. 493 No. 3

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Investor Compensation Bill, 1998 [ Seanad ] : Report and Final Stages.

I appreciate the concerns which prompted this amendment. However, as I pointed out on Committee Stage the issues it raises go far beyond the compass of the Bill and the purpose of the investor compen...More Button

The directive allows us to do this and I wanted to take the opportunity in the Bill to go as far as I could in ensuring that as much information as possible is made available to consumers. There is no...More Button

I fully understand and appreciate the merits of what the Deputy said. I reflected on the issue since Committee Stage. However, the Minister for Finance has responsibility for the Stock Exchange Act,...More Button

I appreciate what Deputy Noonan said. I did reflect on the amendment and did not want to cause any confusion or be put in a position where I would eliminate from the Department of Finance some aspect...More Button

We dealt with this issue at length this morning I do not see any point in repeating my arguments. Deputy Noonan mentioned the £15,500 fine but there is no fine at present, so that is at least a reaso...More Button

The company does not have an adjudicating role. It simply pays out the compensation. It does not adjudicate on the matters to which the Deputy referred. The amendment proposed by Deputy McDowell woul...More Button

I need to make a versional correction to section 79 of the Bill, under Standing Order 126. The amendment reads as follows: In page 58, line 6 to insert “as” after “and the section”. This is a technic...More Button

Deputy Noonan queried whether, under section 21(1) investment firms should be replaced by authorised investment firms. The definition of “investment firms” includes firms which are currently authoris...More Button

Written Answers. - Flood Relief.

Consultants commissioned by the Office of Public Works to report on areas in the Owenmore-Arrow River catchments in County Sligo likely to benefit from flood relief works identified the Owenmore River...More Button

Written Answers. - Departmental Properties.

The State holds no interest in this property. The Minister for Finance held the property under a 99 year lease dated 25 May 1864 from a Sir R. Gore-Booth. The property was sub-leased to Sligo Harbou...More Button

Written Answers. - Oireachtas Accommodation.

The schedule of accommodation for the new building for the Oireachtas provides, in broad terms, for the following: individual offices for between 100 and 110 Members and their direct staff and Oireach...More Button


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