127. Deputy Eugene Murphy asked the Minister for Finance if the policy that is set to increase the industry funding levy on credit unions from approximately €1.5 million per annum to approximately €7.8 million by the end of 2022 will be reversed to take into account the societal impact of credit unions when calculating the regulation activity levy in view of the fact that credit unions are not for profit, community based and volunteer led; and if he will make a statement on the matter. [26735/19]

Summary

127. Deputy Eugene Murphy asked the Minister for Finance if the policy that is set to increase the industry funding levy on credit unions from approximately €1.5 million per annum to approximately €7.8 million by the end of 2022 will be reversed to take into account the societal impact of credit unions when calculating the regulation activity levy in view of the fact that credit unions are not for profit, community based and volunteer led; and if he will make a statement on the matter. [26735/19]

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• Credit Unions

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