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. 20:

20. In page 12, to delete lines 26 to 30 and substitute the following:
“ “(2A) The ability of the loan applicant to repay a loan shall be the primary consideration in the underwriting process of the credit union making the loan or participating in the loan, as the case may be.”,

and
(c) in subsection (8), by the substitution of “the Bank may prescribe such other requirements, applicable to loans to which this section relates, as it considers necessary in relation to any one or more of the following matters:” for “the Bank may prescribe such other requirements as it considers necessary in relation to any one or more of the following matters:”.”.:

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