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 Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

It is important the Minister of State withdraws amendment No. 1 and resubmits it on Report Stage with the correct numbers. The amendment, were it to be accepted today, would make the section confusing and lead to serious problems. It deletes lines 23 to 35 but there is no line 35 in the legislation on page 5. The amendment would actually delete the definition of company corporate credit body and public body and would go on to state what a public body is, but without the definition. There is an issue with the drafting of this amendment. As I said, I support the spirit of it. I do not think it can be amended here on Committee Stage as is, but there is an issue with it. I suppose to correct it would involve substituting 25 for 35. It would probably read accurately then. I may be misguided but if we accept this amendment now, we will have an issue with the section. Maybe the best thing to do would be to withdraw the amendment and resubmit it on Report Stage with the correct number, 25. Otherwise, we are going to delete the definitions, which I would imagine the Minister of State does not intend to do because by doing so, we would make the section not just confusing but missing a definition of a public body.

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