Senators will be aware that the Irish League of Credit Unions has had a concern that by placing the registrar within the regulatory authority structure, there would be an implication that they would be regulated in the same way as much larger financial institutions. This is not the case. However, officials and the Minister had intensive discussions with the ILCU and the Bill was amended in the Dáil to copperfasten the requirement that the authority must deal with them in a manner which has regard to their special nature and the particular legislation that applies to them.