Mr. Padraig Ó Cearbhaill:

In the Bill, as proposed, if regulations are to be changed, the Credit Union Advisory Committee, CUAC must be consulted. Other regulations may be changed under a different Act, such as the Central Bank (Supervision and Enforcement) Bill 2011. We want to ensure that, if regulations are to be changed under that legislation, we will also be consulted in order to keep a certain balance.