Seanad debates
Tuesday, 11 December 2012
Credit Union Bill 2012 : Committee Stage
6:20 pm
Brian Hayes (Dublin South West, Fine Gael) | Oireachtas source
This amendment provides that the ReBo levy which is 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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