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

5:50 pm

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

The credit unions accept that much of the operational stuff has to be done by the managing director, but that there is a role for a directly elected treasurer who has oversight of the accounts. That seems to be to be a reasonable position and I do not see why the Minister would not see the need at least to take on board what is being said here, as he has been very reasonable on other matters, and try to find a way to deal with these concerns and what is a legitimate point made by the members of the credit unions and the organisations that represent them.

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