There has been much discussion of late regarding moneylending and financial institutions. Given what I have heard about the treatment meted out to parents who have gone cap in hand to their local credit union seeking finance to get their children through college, it is vital that we have a robust debate on the forthcoming legislation on credit unions. These are people who always met their repayments and had good track records, yet they have been denied financing.

The Deputy will have an opportunity to make that point during the debate on the legislation.

We must have a robust debate in this House on the role of credit unions and other credit and financial institutions into the future.

Has legislation been promised?

Legislation in this area is a troika requirement. Two Bills, the credit union Bill and the credit reporting Bill, were approved and passed by the Cabinet this morning.