Written answers
Tuesday, 12 December 2006
Department of Finance
Credit Union Regulation
11:00 am
Dan Neville (Limerick West, Fine Gael)
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Question 223: To ask the Minister for Finance if the group established to review the powers of credit unions in respect of loans and mortgages has reported to him; and if he will make a statement on the matter. [42358/06]
Brian Cowen (Laois-Offaly, Fianna Fail)
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The Group established to review the limits on longer term lending set out in Section 35 of the Credit Union Act, 1997 is expected to conclude its deliberations shortly. I will consider the matter further in light of the report of the group.
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