Oireachtas Joint and Select Committees

Thursday, 20 September 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Credit Union Bill 2012: Discussion (Resumed)

11:10 am

Mr. Philip Hosford:

We have no issues with levies but we considered putting caps on them in particular areas. One cap is in place in respect of a maximum of 50% of the cost of the Credit Union Restructuring Board, ReBo. If we had more detail on caps on levies, the levies cannot run away.