51. Deputy Lucinda Creighton asked the Minister for Finance if he will confirm that the bank levy announced in budget 2014 is being used to fund the resolution fund pursuant to section 15 of the Central Bank and Credit Institutions (Resolution) Act 2011; his views on whether the enactment of COD 2013/0253 on the single resolution mechanism and single bank resolution fund will result in an increased revenue contribution from the domestic banks here; when he expects this additional revenue will be raised; and if he will make a statement on the matter. [48539/13]

Summary

51. Deputy Lucinda Creighton asked the Minister for Finance if he will confirm that the bank levy announced in budget 2014 is being used to fund the resolution fund pursuant to section 15 of the Central Bank and Credit Institutions (Resolution) Act 2011; his views on whether the enactment of COD 2013/0253 on the single resolution mechanism and single bank resolution fund will result in an increased revenue contribution from the domestic banks here; when he expects this additional revenue will be raised; and if he will make a statement on the matter. [48539/13]

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• Banking Sector Issues

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