Dáil debates

Thursday, 13 December 2012

Credit Union Bill 2012: From the Seanad

 

4:00 pm

Photo of Brian HayesBrian Hayes (Dublin South West, Fine Gael) | Oireachtas source

I brought forward an amendment on Committee Stage in the Seanad to provide that the ReBo levy to be paid by credit unions will be paid into the credit union fund rather than paid into or disposed of for the benefit of the Exchequer. The expenses incurred by ReBo will be paid out of the credit union fund and, therefore, it is appropriate that the levy received to recoup those expenses should be paid into the credit union fund.

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