Oireachtas Joint and Select Committees
Wednesday, 14 December 2022
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
General Scheme of the Co-operative Societies Bill 2022: Department of Enterprise, Trade and Employment
Mr. John Shine:
The Department will have to look at that in the context of resourcing. At the moment the vast bulk of the activity and the resources in that area is on the company side simply because there are 250,000 companies and approximately 600,000 filings a year on the company side and, therefore, the bulk of the staff are in that area and there are a relatively small number of staff in the Registry of Friendly Societies area. That simply reflects the fact that there are only 950-odd industrial and provident societies. There are not a whole lot of new societies registering. They all make their annual returns, but there is not a whole lot happening in that area. Clearly, if the activity in that area is significant increased, that would need to be looked at in the context of ensuring appropriate resources.