Oireachtas Joint and Select Committees
Wednesday, 21 November 2012
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Credit Union Bill 2012: Committee Stage
3:35 pm
Kieran O'Donnell (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source
The issue of perpetual bonds was a significant issue for credit unions with many of them running into enormous difficulties with major losses through investing in them over the past several years. Under existing legislation, are they prohibited from investing in these types of bonds now?