Michael McGrath (Cork South Central, Fianna Fail)
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If the total call is €1.65 billion, which is 25 years at €65 million per annum, a levy lasting 15 years would be far short of the potential call on the fund.

This is the core of the issue and it is what people will want to know. If the levy is collecting €65 million a year and the potential total call is €1.65 billion, is my calculation of 25 years correct? People want to know how long we will have to live with this levy.