Dáil debates

Thursday, 13 December 2012

Credit Union Bill 2012: From the Seanad

 

3:20 pm

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

This is reasonable. The Minister for Finance, Deputy Michael Noonan, made the point a number of times that he wanted to retain the principle of rotation. He has given some ground on the issue of the term limit moving from nine years to 12.

Who knows where any of us will be in January 2025? There will be a number of Governments between now and then and this issue can be kept under review. I am satisfied with the amendments and thank the Government therefor.

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