Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

I welcome the fact that the Minister will consider the issue for Report Stage. Clearly under the financial services legislation, certain sections apply to credit unions but equally there are sections from which credit unions are exempted. What is required of any amendment is clarity in respect of the same practices in any further legislation or statutory instrument that are introduced for credit unions. What is being sought is that practices that have been in operation would continue relative to credit unions in future legislation. Given that the Minister has already referred to an interpretation provision, perhaps clarity can be brought to the issue.