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. 32:

In page 17, lines 5 to 7, to delete all words from and including “amended,” in line 5 down to and including line 7 and substitute the following:
“amended—
(a) by the substitution of the following subsection for subsection (1):
“(1) A credit union shall submit an annual compliance statement to the Bank certifying its compliance with the
requirements of this Part and the regulations, if any, made in respect of a matter to be prescribed under this Part by the Bank.”,
and

(b) by the insertion of the following subsection after subsection (1):
“(1A) The Bank may prescribe the form and content of the annual compliance statement referred to in subsection (1).”.”.

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