Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

Germany moved into a position in which it stated it had no problem with five years so long as the full levies were paid up over the five year period also. We think this is onerous for our banking system. We would like a fund to be fully mutualised by year five and to continue to be built up. The instalments made from year six should also be mutualised at the point of entry.