Darragh O'Brien (Dublin Fingal, Fianna Fail) | Oireachtas source

I would check the record if I was the Minister of State. He effectively said that the work was complete and he was ready to launch the SPV at that stage. That is a different answer from the one on 27 September. It was nearly put back on the credit union sector at the time and he nearly apportioned blame to it for not seeking to enter the SPV and move forward. That is a very different response to the one he gave on 27 September. I welcome that clarification. I take it that this is the up-to-date and the correct version of where we are, not the one he gave me on 27 September. When will the project be completed, when will it be launched, how much of it will be used and will the credit unions, under Central Bank rules, be eligible to invest in this special purpose vehicle?

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