Oireachtas Joint and Select Committees
Thursday, 20 September 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Credit Union Bill 2012: Discussion (Resumed)
1:55 pm
Mr. Joe Mulvey:
Currently the supervisory committee can engage experts to look into aspects of the credit union which it believes needs to be looked at from a governance point of view.
Heretofore the legislation would have stated the credit union shall meet all the expenses reasonably incurred by the supervisory committee in the carrying out of its duties. In the proposed legislation, this is not as clear or as absolute.
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