Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

No. I introduced a Bill which has passed Second Stage and has gone through scrutiny here. I believe the committee secretariat will write to the Minister about it. During Second Stage, it was signalled that the levy would be increased from 1% to 2%. This would be the appropriate thing to do. On the one hand, the Minister is trying to reduce the APR on moneylenders but, on the other hand, he wants to make sure that credit unions are the avenue for people who want access to that type of finance. I presume the Minister introduced his own legislation because he is opposed to my moneylender Bill and that he will not table a very simple amendment, as I signalled on Second Stage, to that Bill, which is now progressing.