Dáil debates

Wednesday, 28 November 2012

Credit Union Bill 2012: Report Stage (Resumed) and Final Stages

 

5:10 pm

Photo of Tommy BroughanTommy Broughan (Dublin North East, Labour) | Oireachtas source

I welcome the comments of the Minister of State. He said he would examine amendment No. 16 in respect of the expertise of a volunteer from another credit union. Similar considerations apply to amendments Nos. 18, 19 and 20. The Minister of State's positive remarks on amendments Nos. 21 and 22 are quite welcome.

A number of these amendments apply to small credit unions, in particular. I refer to credit unions in which the pool of voluntary expertise may be quite small. Obviously, we want these credit unions to continue to thrive and succeed. If restrictions are too great, the volunteering aspect will be seriously damaged. I welcome the Minister of State's comments and hope there will be progress made on the Bill when it returns to this House.

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