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

I move amendment No. 4:

In page 15, to delete lines 15 to 24 and substitute the following: “ “(d) in accordance with a loan approval process which has been approved by the board of directors.”,”.

The amendment is grouped with all the amendments in group two. As referred to on Committee Stage, these are amendments to section 36 and a related amendment to section 37 of the principal Act which give credit unions greater choice and flexibility regarding loan approval processes. Section 37 provides an expanded appeals process for any loans not approved under section 36. Credit unions will again be empowered to modernise loan approval processes to meet their members' needs.

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