82. Deputy Michael McGrath asked the Minister for Finance if his attention has been drawn to the fact that progressive credit unions that have the necessary skills and infrastructure to issue mortgages and who have evidence of significant demand are restricted in the amount they can lend as mortgages under the new regulations to just 5% of their current member shares. [27886/16]

Summary

82. Deputy Michael McGrath asked the Minister for Finance if his attention has been drawn to the fact that progressive credit unions that have the necessary skills and infrastructure to issue mortgages and who have evidence of significant demand are restricted in the amount they can lend as mortgages under the new regulations to just 5% of their current member shares. [27886/16]

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Timeline

1. 29 September 2016

   Credit Union Regulation

   82. Deputy Michael McGrath asked the Minister for Finance if his attention has been drawn to the fact that progressive credit unions that have the necessary skills and infrastructure to issue mortgages and who have evidence of significant demand are restricted in the amount they can lend as mortgages under the new regulations to just 5% of their current member shares. [27886/16]

   Source: written

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• Credit Union Regulation

  xml · EN · 29 September 2016

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• Michael McGrath · Asking member
• Finance · Finance · Addressed to

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