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
4:50 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
I move amendment No. 35:
These amendments relate to the problem of term limits and the impact they will have on smaller credit unions. The credit unions made the point to us that smaller credit unions in rural areas, where there might be a small pool of people who keep the credit union going, could face problems if there are term limits. The amendments would remove the term limits, which could be detrimental to the ability of credit unions of function.
In page 21, to delete lines 8 to 18.
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