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
2:15 pm
Pearse Doherty (Donegal South West, Sinn Fein)
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This amendment is in the name of three Deputies, mine included. The point has been made and on the basis of the assurance of the Minister I will not be pressing it and I am happy to withdraw it. We need to ensure there are no unintended consequences in this section. While the proposal from myself and the other Deputies is to delete the section, we have no wish to delete existing regulations that apply to the credit unions. That is not the intention. It is about bringing this issue forward. If the Minister can provide a formula of words on Report Stage I would be satisfied to accept that.