Oireachtas Joint and Select Committees

Thursday, 20 September 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Credit Union Bill 2012: Discussion (Resumed)

11:00 am

Mr. Philip Hosford:

There is a section regarding the proposing of candidates to members. It seems unclear as to whether the nominating committee is allowed to propose candidates. Currently, other members would propose members in the process. Section 10 would indicate that if a conflict of interest may arise, the nominating committee can block a nomination. This is an open-ended provision and it may facilitate times when a nominating committee could decide to block nominations for other reasons. It seems an open-ended process as a committee could argue that it foresees potential conflicts of interest that may arise in particular areas and block a nomination. That could be an issue.

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