Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

I will summarise where we are as of now because this is a very substantive section, particularly as we go on to amendment No. 3. The general concern arising, as expressed by some committee members and by some representations made to the committee, is that some aspects of the Bill, and particularly the section we are discussing now, may have unintended consequences for the sector. One of the concerns in redressing that is that if there is an action of unintended consequence, the credit union - either individually or the movement as a whole - would have access to an appeals mechanism or process with regard to the regulator or the Central Bank. Is the Minister inclined towards to such a position as we move towards Report Stage or is he dealing with that conclusively this afternoon?