Mr. Ed Farrell:

The three organisations met the Minister for Finance the week before last and we repeated our main concerns with the proposed regulations, on the savings limit and some of the lending rules. We are pleased that he has met us and acknowledged that the credit unions have a major issue. We are meeting the Secretary General of the Department of Finance later this week to see if we can reach some solutions or that the Secretary General can act as an honest broker between the credit union movement and the Central Bank to see whether there is a compromise on some of the major blocking points.