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

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

I move amendment No. 35:


In page 21, to delete lines 8 to 18.
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.

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