Dáil Éireann Debate, Wednesday - 17 September 2014
224. Deputy Michael McGrath asked the Minister for Finance the fee structure that has been agreed with the liquidator of a credit union (details supplied); and if he will make a statement on the matter. [33481/14]
View answerI have been informed by the Central Bank that section 76 of the Central Bank and Credit Institutions (Resolution) Act 2011 provides that the Companies Acts apply to the winding-up of an authorised credit institution. The approval of the remuneration of the liquidators in the case of Berehaven Credit Union Limited is therefore a matter for the Courts. The matter has yet to be considered and approved by the Courts.
