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Fianna Fail members can now have Fianna Fail Home Home Insurance

kellsangel

Member
Joined
Oct 24, 2008
Messages
79
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
 


kellsangel

Member
Joined
Oct 24, 2008
Messages
79
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?
 

Munion

Well-known member
Joined
Aug 17, 2006
Messages
317
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.
 

kellsangel

Member
Joined
Oct 24, 2008
Messages
79
But this is Fianna Fail Home Insurance

A Labour Party member would not be entitled to get "Fianna Fail Home Insurance"
 
G

Gimpanzee

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.
 

revereie

Well-known member
Joined
Jan 7, 2004
Messages
345
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.
 

Munion

Well-known member
Joined
Aug 17, 2006
Messages
317
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.
 

Radix

Well-known member
Joined
Aug 31, 2010
Messages
9,892
I see the link on the OP's page has dried.

Anyone any thoughts?
 

Marcos the black

Well-known member
Joined
Feb 3, 2009
Messages
18,458
Should have got Biffo Insurance.
 

Analyzer

Well-known member
Joined
Feb 14, 2011
Messages
45,623
Surely after stitching up the PAYE taxpayer for the Anglo Bondholder debt, it should be possible to find an insurance company who is an anglo bondholder, who would want to return a favour....

a digout....
 


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