Dáil
‹ Ceisteanna — Questions. Oral Answers. - Building Society Interest Rates. Building society interest-rate subsidy
Summary
The Minister reported that £1,781,754 of an estimated £7 million subsidy had been paid, with funds budgeted for outstanding claims.
andMr. O'Donnell asked the Minister for the Environment if building societies have yet been paid the subsidy on interest rates which was promised by the Government in 1980.
Comment on this
To date £1,781,754 out of as estimated total of £7 million has been paid to building societies in respect of the subsidy on society investment rates payable in respect of the period 1 June to 30 September 1980. A sum of £5.215 million has been included in the Department's Vote for 1981 to meet outstanding claims and claim forms were recently issued to each registered building society.