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

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

The Department imposed on the credit unions an annual levy of €7 million for four years. They now have a right to stop paying into this fund because it is now in its fifth year. They are asking when the annual payment of €7 million will cease, which is a fair question.

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