Oireachtas Joint and Select Committees

Wednesday, 18 October 2023

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Credit Union (Amendment) Bill 2022: Committee Stage

Photo of Jennifer Carroll MacNeillJennifer Carroll MacNeill (Dún Laoghaire, Fine Gael) | Oireachtas source

I move amendment No. 47:

In page 23, lines 3 and 4, to delete all words from and including “amended,” in line 3 down to

and including line 4 and substitute the following: “amended by the substitution of the following subsection for subsection (6):
“(6) For the purposes of this section and sections 162 and 163, the interest

of a member of a credit union in the credit union is impaired if—

(a) the member is deprived of all or any part of the rights accruing to
the member by virtue of the member’s shareholding in, or

membership of, the credit union, or
(b) the member is deprived of the whole or part of the member’s
shareholding in the credit union.”.”.

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