Oireachtas Joint and Select Committees

Thursday, 20 September 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Credit Union Bill 2012: Discussion (Resumed)

2:55 pm

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

I thank Ms Gilleece for her presentation. We have discussed the restrictions on board memberships and terms of office. What is her opinion in this regard and why did the commission impose some of these restrictions on persons eligible for board membership? How many boards will be affected and what will its impact be? What are the barriers to the formation of credit union service organisations? What are the barriers to the delivery of electronic fund transfer and online services? We have discussed the Dormant Accounts Fund. From the perspective of credit union management, what are Ms Gilleece's views in that regard?

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