Dáil debates
Wednesday, 5 July 2006
Building Societies (Amendment) Bill 2006: Second Stage.
9:00 pm
Fergus O'Dowd (Louth, Fine Gael)
That is the point I am making. It can demutualise immediately but it cannot become a private limited company in terms of ownership of more than 15% of the shares for a period of five years.
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