Heather Humphreys (Cavan-Monaghan, Fine Gael) | Oireachtas source

I thank Mr. Johnson for his presentation. There has been extensive discussion of the role of treasurer. I ask Mr. Johnson for his views on the role of treasurer as proposed in the Bill. Does he believe the Bill will restrict a credit union board in designating a specific director to take responsibility for examining in detail the financial reports produced by management and staff? Has he considered whether a finance committee could be established to fill any vacuum that may be created by the lack of a mention of treasurers in the legislation? Are credit union service organisations regulated by the Central Bank?