Dáil Éireann Debate, Wednesday - 28 November 2012
84. Deputy Sean Fleming asked the Minister for Finance if he will provide an estimate of the levying on credit unions which is based on the levy calculation of 0.0511% of the total assets of the credit unions concerned as set out in S.I. 381 of 2012 of the Credit Institutions Resolution Fund Levy Regulations 2012. [53357/12]
View answerBased on a levy calculation of 0.0511% of the total assets of the credit unions concerned as set out in S.I. 381 of 2012 of the Credit Institutions Resolution Fund Levy Regulations 2012 the estimated levy payable into the Resolution Fund by the credit union sector in the 12 month levy period of 01 October 2012 - 30 September 2013 is €7 million.
