Cigarette sales in clubs and pubs could be suspended for illegal smoking on premises

first_imgNews Cigarette sales in clubs and pubs could be suspended for illegal smoking on the premises, Ballyshannon District Court was told.Lisa Finnegan, prosecuting on behalf of the HSE, said any smoking offence since July 1, 2009, could lead to a vending machine on the premises being closed for between a day and three months.Gerry McGovern, defending McEniff Holdings – who admitted allowing smoking at Paris/Fusion night club in Bundoran on October 16, 2010 – said he thought that was unusual.He said normally, vending machines are on the wall and belong to agencies or somebody else.The court heard that when a HSE inspector visited, four people were smoking in an internal area adjoining the smoking area and there were ash trays on the table.Mr McGovern said a “considerable” amount of money was spent providing an external smoking area when the ban was introduced and this was a first offence when people were sheltering from the rain.Judge Kevin Kilrane imposed a €50 fine and ordered the defendants to pay €1,038 prosecution costs. He also ordered the cigarette vending machine to be closed for one day. WhatsApp LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton By News Highland – September 17, 2011 Previous articleRevenue Commissioners accepted 6 settlements totalling €950,000 euro in DonegalNext articleCharolais Heifers worth thousands stolen from Letterkenny farm News Highland Guidelines for reopening of hospitality sector published WhatsApp Google+ Facebook Twitter Facebookcenter_img Pinterest RELATED ARTICLESMORE FROM AUTHOR Three factors driving Donegal housing market – Robinson Pinterest NPHET ‘positive’ on easing restrictions – Donnelly Google+ Cigarette sales in clubs and pubs could be suspended for illegal smoking on premises Calls for maternity restrictions to be lifted at LUH Twitter Almost 10,000 appointments cancelled in Saolta Hospital Group this weeklast_img read more

Dutch pension fund replaces equity managers with BlackRock

first_imgAs a result, its matching portfolio now consists solely of government bonds and interest derivatives.Last year, the pension fund adopted a dynamic asset allocation strategy centred around SNPF’s ‘policy funding’.Under this new strategy, the scheme raises or lowers the risk profile of its investments in synch with its coverage ratio.SNPF chairman Eric Greup conceded that the strategy change had not yet taken into account the planned merger with SBMN, the €1bn pension fund for notaries’ staff.“Currently,” he said, “a working committee is assessing how the future joint investment policy could be shaped.”Greup explained that the schemes’ investment model differed too greatly for amendments ahead of the merger, but he said options had been identified for strategic asset allocation and interest hedges.SBMN has contracted out its asset management to Aegon AM.At the start of 2015, it replaced its capital contract for investments with Aegon funds, which allowed SBMN to choose its desired risk/return profile.Last year, the scheme for notaries’ staff replaced its interest hedge through the Aegon Long Duration Overlay fund with Aegon’s Strategic Liability-Management Fund (SLM).Last year, SNPF also outsourced its pensions administration to TKP Pensions.Greup warned that the planned merger was taking longer than expected and acknowledged that it could face a second delay.“Nevertheless,” he said, “our intention still is that the merger should start on 1 January retrospectively, if the deal is concluded not too long after this date.”According to Greup, all relevant bodies and authorities have already approved the merger plan, including the Dutch government.“However, the Council of State, the Netherlands’ highest legal college, is still assessing the necessary amendment of the Notaries Act,” he said.SNPF and SBMN returned 24.1% and 25.6%, respectively, last year, chiefly due to their interest hedges.Just before the recent reduction of the ultimate forward rate, their funding ratios were 108% and 109.7%, respectively. SNPF, the €1.4bn pension fund for Dutch notaries, has replaced equity managers JP Morgan Asset Management and BNP Paribas for BlackRock to “streamline” its investment portfolio.The pension fund, according to its 2014 annual report, made the changes to cut costs and reduce risk. It awarded BlackRock two passive mandates, covering developed and emerging markets.SNPF also concentrated its high-yield investments within the European credit section of its return portfolio.last_img read more

St. Lucie County Schools delay start of school year

first_imgStudent in the St. Lucie County school district will now be starting their academic year two weeks later than the original proposed start date.The start of the academic year was set to begin on August 10th, however, officials in St. Lucie County have decided to push that date back to August 24th.“The additional two weeks gives time for the conditions in the county to improve and additional time for staff to finalize preparations for the school year,” St. Superintendent E. Wayne Gent said.Several other factors also contributed to the decision to delay the start of school including the delivery of protective equipment, the distribution of laptops for those who opted to continue distance learning, and the establishment of general safety protocols.“Our number one priority is to return to school safely, ” Gent said.Parents where given three options in which their children would receive their education this year.Students could either return to campus learning, continue distance learning, or attend the Mosaic Digital Academy, which requires a commitment of one year.The district is currently working on the revised calendar to accommodate the delayed start and will notify parents once that is available.last_img read more