Oireachtas Joint and Select Committees
Tuesday, 3 November 2015
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance (Miscellaneous Provisions) Bill 2015: Committee Stage
5:15 pm
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Perhaps the Minister would clarify some points on sections 8 and 9 pertaining to the deposit guarantee scheme. I know there has been consultation around whether low risk entities should be paying a lower rate. The credit union movement has made a strong and convincing argument that, given the risk nature of the credit unions and given that there are other funds in operation, it falls into this category and the lower rate should apply. I would appreciate comment from the Minister on the submission made by the credit union movement on the question of whether there should be consideration of a low risk sector which qualifies for a lower level of contribution.
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