Mr. Padraig Ó Cearbhaill:

We took the view that the really relevant fact is the viability of the credit union. A credit union may be in trouble today and it may receive stabilisation support. In nine and a half years' time, under different economic conditions, the credit union could fall into trouble again. For different reasons and with different people involved, to deprive that credit union of stabilisation support is wrong. The deciding factor should be whether the credit union is viable, not whether it received money ten years previously.