Dáil debates
Wednesday, 28 September 2011
Insurance (Amendment) Bill 2011 [Seanad]: Committee and Remaining Stages
6:00 pm
Michael Noonan (Limerick City, Fine Gael)
It depends on the level of draw down. The levy will produce €65 million a year and there is €40 million in the fund at present. If we put in €280 million this year and €180 million next year, the Deputy can do the sum, but it will be a while before we get the money back.
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