Dáil debates

Wednesday, 29 November 2023

Credit Union (Amendment) Bill 2022: Report and Final Stages

 

3:40 pm

Photo of Jennifer Carroll MacNeillJennifer Carroll MacNeill (Dún Laoghaire, Fine Gael) | Oireachtas source

I move amendment No. 3:

In page 11, to delete line 34 and substitute the following:
“within that category.”,
and (k) by the insertion of the following subsection after subsection (8):
“(9) A credit union shall—
(a) in the case of a credit union registered before the commencement of section 9(k)of the Credit Union (Amendment) Act 2023, not later than 6 months after such commencement, and

(b) in the case of a credit union registered after such commencement, not later than 6 months after its registration,
put in place a process, approved by the board of directors, for the approval of applications for membership of the credit union.”.”.

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