Oireachtas Joint and Select Committees

Thursday, 20 September 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Credit Union Bill 2012: Discussion (Resumed)

1:00 pm

Mr. Des Gunning:

It is very nearly correct and I thank the Chairman for the opportunity to clarify the position. What I propose relates to the dormant accounts fund which has a life independent of the board. The board will cease to exist on the decision of the Minister sometime in the next few months.

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