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
2:45 pm
Michael McGrath (Cork South Central, Fianna Fail)
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The Minister described the proposal contained in amendment No. 11 as relating to shared branching. This is an objective it would be worth working towards. I accept that considerable work would have to be done in order to ensure adequate systems and safeguards would be put in place to ensure the system would work properly. The Minister's offer to refer the matter to the Credit Union Advisory Committee for further examination is acceptable.