Luke Flanagan (Roscommon-South Leitrim, Independent)
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Question 23: To ask the Minister for Finance if a copy of the draft Central Bank (Regulation of Credit Unions) Bill has been sent to the EU, ECB or the IMF; and if he will make a statement on the matter. [9850/12]

Michael Noonan (Limerick City, Fine Gael)
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The Interim Report of the Commission on Credit Unions was published in October and the Final Report of the Commission is due to be presented to me at the end-March 2012. Taking the Reports' recommendations into account, it is intended to publish the Credit Union Bill by end-June 2012 in accordance with our commitments under the EU / ECB / IMF Programme of Support. I will be bringing draft Heads of Bill to Government as soon as they are completed. As the Bill is still being developed, it has not been shared with the EU / ECB / IMF.