Mr. Joe Mulvey:

We would welcome continued promotion of volunteerism and believe that remuneration should not come into effect. There have been soundings that some form of remuneration to people within the credit union movement will come into effect down the line. It is part of the ethos of the credit union that individuals are volunteers. As the joint committee has heard from previous witnesses volunteerism needs to be promoted. Providing for remuneration of individuals risks spoiling what is already good and efficient. That was the point we were making.