Dáil debates

Thursday, 13 December 2012

Credit Union Bill 2012: From the Seanad

 

3:20 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

It deals with the term limits issue in one way. I will discuss this matter further when we come to that group of amendments. However, it does not deal with the issue of a voluntary worker or a person working for another credit union. The issue of term limits could also apply in this instance. I suggest a waiver if the Minister of State is not willing to remove it altogether. Amendment No. 124 could have been expanded to include dealing with the prohibition on serving as a director in the case of voluntary assistants and staff of another credit union. It would be solely at the discretion of and with the permission of the Central Bank. This might be another way by which we could have addressed the issue. I suggest we return to it at a later stage.

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