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

Amendment No. 149 deletes section 58(10). I am bringing forward an amendment to section 60 which provides the Minister with the power to make regulations prescribing the rate of contribution of credit unions to the credit union fund for the purposes of providing for the provision of stabilisation support under section 58(6). Stabilisation support will be made available out of funds raised through this levy, therefore, the current text in section 58(10) will no longer be required and is deleted by this amendment.