Oireachtas Joint and Select Committees

Wednesday, 21 November 2012

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Credit Union Bill 2012: Committee Stage

3:25 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

I mentioned technology and so on but I believe it should be standard that all credit unions should be able to avail of a debit card facility. I acknowledge they may not reach the criteria and so on. Excuse my ignorance in this regard but were I a credit union member or director, is it clear what standard or requirement I must reach or what boxes must I tick within my credit union to be able to satisfy the Central Bank in order to be able to have this new debit card service? Are the provisions in black and white?

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