Dáil debates

Thursday, 13 December 2012

Credit Union Bill 2012: From the Seanad

 

3:20 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

I agree with others that the Bill has been improved substantially by meeting some of the concerns expressed. I echo the points made about the removal of the exclusion on persons in arrears. However, the democratic principle of credit unions may be somewhat undermined - the right of members to make these decisions and judgments about the people they wish to serve on the board. I welcome the improvements, but the Minister of State should keep an ear to concerns or problems that may arise as a result of the exclusions which continue to be provided for in the Bill.

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