Oireachtas Joint and Select Committees
Thursday, 11 December 2014
Public Accounts Committee
Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013
12:20 pm
Mr. Seamus McCarthy:
Yes. There are a number of other cases to which Mr. Casey referred where funds may be also required. There will be a significant amount of use of that fund. Ultimately, the Minister for Finance is entitled to be reimbursed any funds that are not required from both funds. In fact, over time, all of the funds should be reimbursed to the Central Fund through levies paid to the resolution fund.
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