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

The member will have to respond to give consent. He or she must positively give consent. It can be imagined in practical terms that this might be done the next time the member comes to the office and signs it. We are trying to find the most practical solution so it might be emails or someone provides a response proactively in the post or comes in and signs it the next time he or she has a transaction. We are making a big shift with a lot of members so it is for the credit union to work out practical ways of trying to achieve that, but what is important is that the member has discretion to continue to receive information in any form that is available. Our aim is to reduce the overall burden environmentally and in terms of procedures.

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