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

I move amendment No. 2:

In page 6, line 18, to delete “2014;”.” and substitute the following: “2014;”, and

(c) by the substitution of the following definition for the definition of “common bond”:

“ ‘common bond’ means a common bond falling within subsection (3) or (7) of section 6;”.”.

This amendment is grouped with amendments Nos. 3 to 7, inclusive. The grouping addresses the following issues: the expansion of the definition of "common bond" to include the common bond of a corporate credit union; the modernisation of the language in the Credit Union Act regarding the objects and purpose of a credit union; the establishment of a corporate credit union and the definition of its common bond; and provision for a credit union to provide either a description or a map of its common bond on its website. That is the broad thrust of this set of amendments.