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

It is every three years. I think the Deputy said every year. We are reducing the burden on the boards. The view is that the review on an annual basis has been too onerous for boards, particularly for voluntary boards, and that the balance could be slightly off and that every three years, at a maximum, is acceptable. However, it is available to them to do them more regularly should they wish. That is the rationale.

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