Results 2,081-2,100 of 9,393 for speaker:Alex White
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)
Alex White: We have plenty of time for discussion on big-ticket issues so we will remain on the specifics of the Gurranabraher Credit Union.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)
Alex White: Mr. Owens has very strong views on that point. We will hear from Mr. McConville next and it will open up onto that issue when we come to Mr. Owens.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)
Alex White: Mr. McConville, the manager of the Dundrum Credit Union, has an innovative proposal on a flexi-loan account, which he believes should be provided for in legislation. Perhaps he can explain his proposal.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)
Alex White: As far as you are aware, is there any objection in principle to that being introduced - on the official side?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)
Alex White: I want to dispose of the flexi-loan account issue soon and then we can move to the broader issue.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)
Alex White: We have the submission from Mr. Pat Owens, who represents St. Mary's parish credit union in Limerick. It is critical of the draft scheme in general and specific terms. We can discuss the broad philosophy in the draft but he goes as far as saying the Bill makes no attempt to preserve what is good about credit unions or to enshrine their ethos in legislation. He is concerned the ethos is...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)
Alex White: Is that contained in the proposed Bill?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)
Alex White: How does that relate to Mr. Owen's other concern about the role of manager as envisaged in head 25?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)
Alex White: We had a great deal of discussion on head 20 yesterday, as well as section 10 dealing with prohibitions. Mr. Owens is drawing our attention to sections 14 to 16, inclusive, which set the term limits. We know it is a three year term of office and that a credit union member can serve no more than nine years in a period of 15. Mr. Hosford referred to this earlier in reasonably positive terms....
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)
Alex White: Let me tease out the issue. A person looking at it would say one can serve six years and take a break for three years and then serve again for a further three years. One can serve for nine years out of 15. That does not sound hugely onerous.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)
Alex White: We are not determining how much should be lent to credit union members.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)
Alex White: We are not doing anything as important as lending money to people. Is Mr. Owen as concerned as Mr. Hosford who was worried about the workability of the nomination procedures? Mr. Owens's final point relates to levies and costs, another point Ms Hosford raised. Are Mr. Owens's concerns similar to those expressed by Mr. Hosford?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)
Alex White: Is there a similar concern about the levies?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)
Alex White: There is no cap as Mr. Hosford stated.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)
Alex White: I wonder whether Mr. McConville or Mr. Hosford have anything to say on the 2010 prohibitions.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)
Alex White: Having checked the matter since yesterday, I think it is the case that the various prohibitions set out in the draft scheme are included in the commission's report, with a single exception, the sibling prohibition. I mention this for the sake of completeness more than anything else. It is suggested in the draft scheme that provision should also be made for the word "sibling" to be added. I...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)
Alex White: The witnesses have been invited to represent individual credit unions.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)
Alex White: Mr. McConville wishes to make a point on that issue.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)
Alex White: The next speaker is Deputy Kevin Humphreys. Mr. Owens will have an opportunity to respond later.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)
Alex White: I will change the plan somewhat and continue with the contributions of members and then wrap up with the responses of our guests.