Dáil debates

Wednesday, 14 November 2012

11:10 am

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

The Irish League of Credit Unions which represents 3 million members asked specifically in its submission on this legislation that there be no attempt to foreclose debate on the Credit Union Bill in the House. It has expressed extreme concern about the potential damage that may be done to the fundamental, voluntary and democratic ethos of credit unions. It is also deeply concerned that the imposition of legislation dealing with banks that wrecked the economy will have a detrimental effect on credit unions which bear no responsibility for the current economic crisis. Is it the case that the guillotine is being imposed in order to suit the timetable being demanded by the troika? If that is the case, it is unacceptable. I ask the Taoiseach to lift the guillotine and allow for a full debate on this important legislation which will affects millions of citizens.

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