Mr. Greg Dempsey:

I do not have the exact figure, but slightly more than €250 million remains in the fund. In essence, that is made up of the €250 million contribution plus interest earned on the balance less costs, including legal costs, arising from resolution actions undertaken by the Central Bank. No funds have been used from the resolution fund to recapitalise credit unions. If that were necessary, the money would come directly from the Minister.

Eligible credit institutions under the Act have been levied. The levy period started last year but the levy notices were issued in February 2013. The levies have been received at this stage.