Dáil debates

Wednesday, 17 June 2009

Financial Services (Deposit Guarantee Scheme) Bill 2009 - Committee Stage (Resumed) and Remaining Stages

 

4:00 pm

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)

A small credit union will not be hit with a minimum. It is my intention with regard to the regulations I will draw up not to apply the minimum to credit unions, so smaller credit unions will not have to pay the minimum figure, which would exceed the percentage contribution otherwise.

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