Results 3,761-3,780 of 16,492 for speaker:Ciarán Lynch

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Ciarán Lynch: The Deputy made the same point three times in his second contribution.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Ciarán Lynch: Okay. The Deputy did, but I ask him to move on.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Ciarán Lynch: I ask the Deputy to move on because I have other speakers to bring in.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Ciarán Lynch: Yes, I have, because other members are more measured in their contributions to this debate. Has the Deputy concluded?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Ciarán Lynch: Thank you.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Ciarán Lynch: I have indulged the Minister and Deputy Boyd Barrett enough and will drive on.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Ciarán Lynch: We covered that extensively.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Ciarán Lynch: I will not allow that as this has been dealt with. There are more than 100 amendments and I will not ask the Minister to reiterate comments. They will be on the record.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Ciarán Lynch: Just before the Deputy does so, I know of some substantial credit unions in the Cork city region that certainly would be able to operate such a service. At present however, they have in place a separation of accounts. One may have a loan account against which one has savings held and which are locked into that but one may also have a budget account or a savings account that is separate from...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Ciarán Lynch: Will the Bill rectify this issue?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Ciarán Lynch: Is that agreed?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Ciarán Lynch: The Deputy should be brief.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Ciarán Lynch: No, we are coming fresh to it.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Ciarán Lynch: As it is 4 o'clock and we agreed to take a sos, I propose that we suspend for 20 minutes rather than going into another section or another amendment. Is that agreed? Agreed.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Ciarán Lynch: Time served prior to the legislation is not included in the rotation.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Ciarán Lynch: If one is elected at an AGM, one serves a three-year term.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Ciarán Lynch: They can serve three consecutive periods but not more than nine years out of 15.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Ciarán Lynch: Amendments Nos. 27 to 29, inclusive, 30, 32 and 33 are related and will be discussed together. Amendment No. 28 is an alternative to amendment No. 27.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Ciarán Lynch: I might interject. I have worked in a voluntary capacity for 20 years and have managed voluntary organisations. Each such organisation has a different context. We are dealing with financial institutions, which have a determined context. Regarding the issue of voluntary assistants, Mr. Charles Handy - an Irishman who is one of the major international authorities on establishing and...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Ciarán Lynch: Being in debt is not a sin.