Brian Hayes (Dublin South West, Fine Gael)
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Question 8: To ask the Minister for Finance if he will investigate if section 35 of the Credit Union Act 1997 is proving restrictive regarding the renegotiation of over five years; and if he will make a statement on the matter. [23430/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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I refer the Deputy to his similar Parliamentary Question 108, Ref No: 22371/09 for answer Tuesday, 9th June, 2009. As stated in answer to that question, I have asked my Department to reconvene the Group, representative of stakeholders, the Regulatory Authority and my Department, which successfully reviewed the Section 35 lending limits in 2006. The mandate for this Group will be to find a solution to this complex issue.