Dáil debates

Wednesday, 4 November 2015

12:35 pm

Photo of Gerry AdamsGerry Adams (Louth, Sinn Fein) | Oireachtas source

Tá ceist amháin agam faoi the credit unions and co-operation with overseas regulators legislation and ceist eile faoi the national cultural institutions (No. 1) and (No. 2) Bills.

The Central Bank has introduced new regulations which impose restrictions on credit unions. The credit union movement is a social movement which contributes greatly to our society. The regulations contained in the restrictions that have been brought forward by the Central Bank must be signed into a commencement order by the Minister for Finance. He is expected to do this next month. Numerous credit unions and the Irish League of Credit Unions have raised serious concerns about the enactment of these sections. Will the Government pause the imposition of these regulations and reassess the commencement orders the Minister for Finance is due to sign?

Regarding the national cultural institutions (No. 1) and (No. 2) Bills, the decision to merge the National Library, the National Museum and other bodies into a single advisory council has been widely criticised. It was all about saving money, not about protecting the cultural heritage of our people. We see the impact of this and of the cuts in the letter from the-----

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