Mr. Joe O'Toole:

If one could imagine all the credit unions in the country being amalgamated into one credit union, there would be no capitalisation problem. That is to confirm the Deputy's point. It is our hope and understanding - again, we have no discretion over it - that increased governance and regulatory rules would allow more discretion at local level to deal with the issues. That is our hope but it is not an issue we can deal with.