Oireachtas Joint and Select Committees

Tuesday, 2 July 2019

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Credit Union Sector: Discussion

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I thank the Minister for agreeing to take this issue today. I raised it at the committee last week and suggested that he be given notice that we intended to use this opportunity to raise the issue. I also acknowledge the agreement of the Senators, who are not members of the select committee, to allow us as Deputies to raise this issue today. If I could have an exchange with the Minister for a few moments, on the question of consultation, he said the CUAC implementation group report published in January 2019 made specific reference to this increase in the levy. Did the Minister directly seek the advice of CUAC on this issue before signing off on the Central Bank's proposal?

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