Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

My essential question relates to the application to credit unions of the existing body of Central Bank legislation. Is it made clear in the broad thrust of the amendments being introduced that only those elements of the Central Bank legislation that have related to credit unions up to now will apply as we move forward? Will the Minister of State assure the House that the Central Bank legislation will not apply to credit unions in a way that it has not applied to them before now, as an unintended consequence of the amendments?

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