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

2:05 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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Yes, but as I said, so that there is no misunderstanding about the interpretation section, that it only applies to legislation which is applicable to credit unions. It is not, by some subterfuge of a couple of words, trying to import legislation which does not apply. It is not that at all. It is just applying what is necessary to apply and then anything that is enacted here is a supplement to that.