Results 3,521-3,540 of 26,843 for speaker:Richard Boyd Barrett
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)
Richard Boyd Barrett: No, I did not.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)
Richard Boyd Barrett: I was speaking in response to the Minister's answer and refining the point because he said there was an impediment to this.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)
Richard Boyd Barrett: I note the Chairman has cut across me twice in a way he has not cut across any other speaker.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)
Richard Boyd Barrett: I have made my points.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)
Richard Boyd Barrett: I will not labour the point but I disagree with the Minister that credit unions and banks operate according to precisely the same principles.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)
Richard Boyd Barrett: The Minister made a comparison.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)
Richard Boyd Barrett: Okay. The Minister made a comparison and it sounded a bit like that.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)
Richard Boyd Barrett: The Minister implied that the members’ dividend in the credit union was the same as a shareholding in banks in that they were both based on profit.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)
Richard Boyd Barrett: We will agree to differ. We will leave it at that. Of course it is reasonable and correct that the Minister would want to ensure the safety of the deposits and savings of credit union members. I gather from his response that he is willing to consider any reasonable proposal that would both do that but also meet the objective of the credit unions, which could allow funds they have, which...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)
Richard Boyd Barrett: It is precisely the opposite point that I am making.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)
Richard Boyd Barrett: Could I say to the Minister-----
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)
Richard Boyd Barrett: I did not finish my point.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)
Richard Boyd Barrett: First, I am acting simply as a conduit for points that were raised by the Irish League of Credit Unions.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)
Richard Boyd Barrett: The credit union movement put a very convincing argument. I do see myself as a delegate of movements outside of this Parliament that I admire and see as offering a useful model for how we can do things better. The point I make is precisely the opposite to what the Minister suggested. The credit union movement is frustrated that the regulations are such that the deposits it has cannot be...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)
Richard Boyd Barrett: There are still serious doubts about banks everywhere.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)
Richard Boyd Barrett: I move amendment No. 28: In page 19, line 33, to delete “or voluntary assistant”.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)
Richard Boyd Barrett: I move amendment No. 34: In page 20, lines 43 and 44, to delete all words from and including “and” in line 43 down to and including “legislation” in line 44.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)
Richard Boyd Barrett: I move amendment No. 35: In page 21, to delete lines 8 to 18.These amendments relate to the problem of term limits and the impact they will have on smaller credit unions. The credit unions made the point to us that smaller credit unions in rural areas, where there might be a small pool of people who keep the credit union going, could face problems if there are term limits. The amendments...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)
Richard Boyd Barrett: The Minister is taking a reasonable approach to many of the issues raised and the proposed amendments. Having listened to his views on the matter, I have still not fully arrived at a view on it. I did not hear him express his view on the principle of rotation. An issue arises with regard to the smaller credit unions, and suggestions for addressing the problem have been made by Deputies...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)
Richard Boyd Barrett: In that case, I apologise.