Dáil debates

Thursday, 13 December 2012

Credit Union Bill 2012: From the Seanad

 

4:20 pm

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

Amendment No. 166 is a minor amendment made on Committee Stage in the Seanad which inserts a reference to section 37D of the Credit Union Act of 1997, which sets out the information to be included in the credit agreement notice to the credit union members. This item in the Schedule is required to ensure that there is consistency between the 1997 Act and the European Communities (Consumer Credit Agreements) Regulations 2010, which apply to credit unions. Amendment No. 172 clarifies that the supervisory authority referred to in item 100 is the Irish Auditing and Accounting Supervisory Authority.

Seanad amendment agreed to.

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