Pearse Doherty (Donegal South West, Sinn Fein)
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52. To ask the Minister for Finance the plans for the Newbridge Credit Union building; and the way in which its contents will be valued. [49661/13]

Michael Noonan (Limerick City, Fine Gael)
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It is expected that the freehold title of Newbridge Credit Union Limited’s premises will be sold to a third party in due course, with the benefit of all immovable fixtures and fittings. The sale proceeds generated, net of expenses, will be paid to the Resolution Fund given the Resolution Fund is the only remaining creditor of Newbridge Credit Union Limited following the transfer. The remaining movable fixtures and fittings of the premises have been transferred with all the other assets and liabilities, excluding the premises, to permanent tsb.