Oireachtas Joint and Select Committees
Wednesday, 19 September 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Credit Union Bill 2012: Discussion with Irish League of Credit Unions
4:10 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
I understand that perfectly, and I do not wish to pre-judge this process. If everything turns out as positively as it sounds in the committee, we will be fine. In some legislation we can experience sharp differences of opinion about what is good for certain areas. I am convinced by what the Irish League of Credit Unions has said about what is needed in this legislation to protect the ethos of the credit unions. The ILCU has much credibility because it has run such an exemplary organisation in the midst of this disastrous financial crisis when other financial institutions failed so miserably.
We must take what they are saying extremely seriously. Do the delegates anticipate difficulties in having their concerns reflected? If so, why will there be such a difficulty?
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