Oireachtas Joint and Select Committees
Thursday, 23 March 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Overview of the Credit Union Sector: Discussion
9:30 am
Mr. Des Carville:
There are three funds. We have the ReBo fund, subject to the Department producing a section 43 fund under the Act. It is then up the Minister to dissolve ReBo. All things being equal, we expect, although we cannot guarantee, that the levy will terminate, finish and reach its natural conclusion this year. The stabilisation fund, a separate fund, is for review in 2017 and the Department will carry out this review.
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