Oireachtas Joint and Select Committees
Wednesday, 14 December 2022
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
General Scheme of the Co-operative Societies Bill 2022: Department of Enterprise, Trade and Employment
Mr. John Shine:
I will add to that. Credit unions are co-operatives but since the 1960s they have operated under their own legislation. Our legislation does not have anything to do with credit unions and will not impact on their operation in any way. This is just to ensure that this is copper-fastened and there is no ambiguity in this area. This legislation has no impact on credit unions.
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