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

4:10 pm

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent) | Oireachtas source

I agree with what the other Deputies have said and I understand the need for good governance and tightening up on governance. However, I do not understand why voluntary assistants are targeted. It comes back to how difficult it is for small branches to find people. If a small branch is looking for directors, and for people to give up their time for free and take on responsibility, perhaps it should look at the volunteers. I am keen to understand the rationale for excluding voluntary assistants.

I have no issue with precluding someone from being a voluntary assistant once he or she was a director. I have no difficulty with it working the other way around, but it seems to be going a bit too far.

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