Dáil debates

Wednesday, 29 November 2023

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

 

3:40 pm

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

With the Leas-Cheann Comhairle's indulgence, I will be very brief. I will take the opportunity to speak. I did not catch that amendment No. 8 was grouped. This will be the last one we will discuss, from my side anyway. The amendment deletes lines 31 to 33 of section 68 of the Bill that relate to the Sixth Schedule of the principal Act which provides for matters to be provided for rules in corporate credit unions.

It deletes the text stating the procedure in accordance with which a person may be designated or de-designated under section 67(4) and the circumstances in which a person may be so designated or de-designated. Can the Minister of State outline the purposes or impact of this amendment? It appears to be similar to provisions in section 6. What is the purpose of this deletion and the impact of this amendment?

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