Results 23,441-23,460 of 26,986 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: I move amendment No. 84: In page 55, lines 26 and 27, to delete all words from and including “and” in line 26 down to and including “legislation” in line 27.
- 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 Irish League of Credit Unions places significant emphasis on this issue in its representations. It seems to be a reasonable request in what is now a very different regulatory environment that there be a clear understanding of how credit unions will relate to the Central Bank and the terms under which they will do so. I am interested in hearing the Minister's response, but it seems to 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: I move amendment No. 49: In page 27, line 31, to delete "3 consecutive terms" and substitute "5 consecutive terms".My amendment concerns the same issue, that is, the time limits. There is no need to rehash the arguments.
- 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. 54: In page 33, lines 11 and 12, to delete "and other financial services legislation".
- 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. 55: In page 35, line 16, after "committee," to insert the following: "as expressed through a written statement issued to the director in question,".This is a particular issue arising from a representation at my clinic of a person who had formerly served on the board of an oversight committee and considers that due process was not followed when it came to his removal from...
- 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 thank 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: 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.
- 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: 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: 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 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.