Oireachtas Joint and Select Committees

Thursday, 20 September 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Credit Union Bill 2012: Discussion (Resumed)

1:40 pm

Ms Noreen Byrne:

I do not envisage such an option emerging because the legislation does not allow for it. The draft scheme does not refer to it at all. It simply focuses on restructuring in respect of amalgamations and transfers. Consequently, it does not allow for it. The other point is the credit union restructuring board, the ReBo-----

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