John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

Mr. Carville stated there was €250 million in the credit institutions resolution fund, of which €30 million had been used to address difficulties in the credit union movement. The question members asked is why the levy imposed on financial institutions continues to be collected after the four-year collection period has elapsed. The hole in the credit union movement's finances was overstated at the time because only €30 million has been paid out to credit unions. It also appears that they have paid €35 million into the credit institutions resolution fund, which is now in its fifth year. When will these payments cease given that the credit unions were asked to pay for four rather than five years? Have the other financial institutions paid into the fund?