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 are other sections which indicate that a directorship can only be held for nine years in a 15-year period.
This suggests that the nominating committee can allow a breach once it documents the rationale for it. Although it may not be the intention, it seems to conflict with other provisions in the draft. If it was clearer, it would avoid potential issues in the future.
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