Politics.ie
Advertise on Politics.ie

Go Back   Politics.ie > Political Parties > Fianna Fáil

Hey there!

It looks like you're enjoying Politics.ie but haven't created an account yet. Why not take a minute to register for your own free account now? As a member you get free access to all of our forums and posts plus the ability to post your own messages, communicate directly with other members and much more. Joining Politics.ie is completely free. Register now!

Already a member? Login at the top of this page to stop seeing this message.

Fianna Fail members can now have Fianna Fail Home Home Insurance

This is a discussion on Fianna Fail members can now have Fianna Fail Home Home Insurance within the Fianna Fáil forums, part of the Political Parties category on Politics.ie. Is this a money maker for the party and is any revenue derived taxable? Fianna Fáil is this illegal under ...

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 10th December 2008
Politics.ie Member
 
Join Date: Oct 2008
Posts: 486
Default Fianna Fail members can now have Fianna Fail Home Home Insurance

Is this a money maker for the party and is any revenue derived taxable?

Fianna Fáil

is this illegal under section 5 part c of the competition act?


5.—(1) Any abuse by one or more undertakings of a dominant position in trade for any goods or services in the State or in any part of the State is prohibited.

(2) Without prejudice to the generality of subsection (1), such abuse may, in particular, consist in—

(a) directly or indirectly imposing unfair purchase or selling prices or other unfair trading conditions,

(b) limiting production, markets or technical development to the prejudice of consumers,

(c) applying dissimilar conditions to equivalent transactions with other trading parties, thereby placing them at a competitive disadvantage
Reply With Quote

Advertise on Politics.ie

  #2 (permalink)  
Old 10th December 2008
Politics.ie Member
 
Join Date: Oct 2008
Location: In negative equity.
Posts: 3,356
Blog Entries: 3
Default

No. This statute does not apply.
Reply With Quote
  #3 (permalink)  
Old 10th December 2008
Politics.ie Member
 
Join Date: Oct 2008
Posts: 486
Default But the insurance is being offered on terms

contingent on being a member of a particular group, and so are the benefits being restricted to members of a particular group

What if I were to sell bread only to members of a particular party?

If FF are gaining financially should this not be taxable?
Reply With Quote
  #4 (permalink)  
Old 10th December 2008
Munion's Avatar
Politics.ie Member
 
Join Date: Aug 2006
Location: Dublin West
Posts: 2,861
Default

It's a group scheme. Any organisation can offer it to it's members to band their policies together and receive a bulk discount.

What next. FF buy Dell computers for offices, HP complain of unfair discrimination.
__________________
Freedom, Tolerance & Equality of Opportunity

Economic Left/Right: -1.25
Social Libertarian/Authoritarian: -1.33
Reply With Quote
  #5 (permalink)  
Old 10th December 2008
Politics.ie Member
 
Join Date: Oct 2008
Posts: 486
Default But this is Fianna Fail Home Insurance

A Labour Party member would not be entitled to get "Fianna Fail Home Insurance"
Reply With Quote
  #6 (permalink)  
Old 10th December 2008
Politics.ie Member
 
Join Date: May 2007
Posts: 3,627
Default

FF home insurance? Word is that it comes with a generous 'starter pack' containing a fire extinguisher filled with unleaded and a letter from the local TD saying - 'not to worry, we'll sort you out, we have the experience necessary for these difficult times'.

Err.... thanks, but no thanks lads. I think I might take my chances.
Reply With Quote
  #7 (permalink)  
Old 10th December 2008
revereie's Avatar
Politics.ie Member
 
Join Date: Jan 2004
Posts: 1,680
Default

Silly ! Of course it isn't against competition law - all marketeers and airlines wouldbe out of business if that was the case! Silly !

Re the substantive issue, if revenues exceed actual costs then I suspect it could be taxable under Case IV, not being a trading activity. If there were revenues ... I imagine however that this is a package put together by an insurance company and labelled for Fianna Fail today, ceratin trades tomorrow, the Labour party the day after etc etc.
Reply With Quote
  #8 (permalink)  
Old 10th December 2008
Munion's Avatar
Politics.ie Member
 
Join Date: Aug 2006
Location: Dublin West
Posts: 2,861
Default

Quote:
Originally Posted by kellsangel View Post
A Labour Party member would not be entitled to get "Fianna Fail Home Insurance"
Labour should contact the various insurance companies and look at getting a group scheme going for their members.

Thing is most Labour members would be unionised and would already be in group schemes.
__________________
Freedom, Tolerance & Equality of Opportunity

Economic Left/Right: -1.25
Social Libertarian/Authoritarian: -1.33
Reply With Quote
Reply

Tags
brian cowen

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Could Fianna Fail suffer the fate of the Home Rule Party? Breadan O'Connor Fianna Fáil 45 28th February 2009 12:13 PM
Fianna Fail Insurance Package WoofWoof Current Affairs 7 22nd February 2009 04:17 PM
Fianna Fail home insurance scheme??? Blueisthecolour Fianna Fáil 5 20th February 2009 12:06 AM
Never to own a home of your own, thanks Fianna Fáil! untouchable Current Affairs 41 30th July 2005 01:38 AM


Advertise on Politics.ie

All times are GMT. The time now is 12:14 AM.