Dáil debates

Thursday, 13 December 2012

Credit Union Bill 2012: From the Seanad

 

4:00 pm

Photo of Brian HayesBrian Hayes (Dublin South West, Fine Gael) | Oireachtas source

Seanad amendment No. 125 clarifies that sections 27B, 27G and 27H of the Central Bank Act 1997 continue to apply to the credit union auditor. These sections relate to the duties of auditors to provide reports to the Central Bank. Section 27B already makes reference to section 122 of the Credit Union Act 1997. It relates to auditor management and statutory duty declarations. I emphasise that this amendment does not apply any new provisions to credit union auditors but simply reflects provisions which already applied.

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