Oireachtas Joint and Select Committees
Tuesday, 2 July 2019
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Credit Union Sector: Discussion
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
I did not say that the Deputy did not make recognition of the fact that the industry rate is half of that which the banks are paying. I am contending that he did not give sufficient recognition of it, which I am as entitled to assess as he is allowed to assess what I am doing in this issue.
On the consultation that is due to take place on the future of the stabilisation levy, these matters are best dealt with separately. We need to make a decision on the future of each levy based on the right thing for each of them individually. However, if they are assessed in the round, the levy contribution for next year is lower than it is this year.
Before answering the Deputy's final point, I seek clarification. Is he suggesting that the change he is seeking be a Committee Stage amendment to the legislation I am due to introduce?
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