Mr. Padraig Ó Cearbhaill:

As set out in the Bill, there must be a majority of directors on a sub-committee. We feel that one director on a sub-committee is enough, particularly if one is trying to bring on volunteers and others interested in the credit union. We must also take into account that the number of directors will fall under the provisions of the Bill. One director is sufficient on any sub-committee. That does not preclude having a majority of directors.