Results 2,961-2,980 of 6,207 for speaker:Jennifer Carroll MacNeill

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Jennifer Carroll MacNeill: In the sequencing of amendments, it is difficult that they are going into different places.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Jennifer Carroll MacNeill: The numbers will work in the consolidated version. This is the problem with this sort of amending legislation. We are amending an amending Act to an amending Act. It does not draft well, but it works in sequence.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Jennifer Carroll MacNeill: I move amendment No. 8: 8. In page 8, to delete lines 2 to 10 and substitute the following: “6. Section 13 of the Principal Act is amended, in subsection (1)— (a) by the substitution of the following paragraph for paragraph (a): “(a) in the case of a credit union, other than a corporate credit union, provisions with respect to the matters specified in the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Jennifer Carroll MacNeill: I move amendment No. 9: 9. In page 8, between lines 30 and 31, to insert the following: “(c) in subsection (5), by the substitution of “in the interests of the proper and orderly regulation of the credit union” for “not contrary to the financial services legislation”,”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Jennifer Carroll MacNeill: I move amendment No 10: 10. In page 9, between lines 34 and 35, to insert the following: “(a) in subsection (1), by the substitution of “Subject to subsection (1A), the minimum number” for “The minimum number”, (b) by the insertion of the following subsection after subsection (1): “(1A) The minimum number of members of a corporate credit...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Jennifer Carroll MacNeill: I move amendment No. 11: 11. In page 10, between lines 5 and 6, to insert the following: “(d) in subsection (3A), by the substitution of “Subject to subsection (3B) and the rules of the credit union concerned” for “Subject to the rules of the credit union concerned”, (e) by the insertion of the following subsection after subsection (3A): ...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Jennifer Carroll MacNeill: I move amendment No. 12: 12. In page 10, line 9, after “unincorporated)” to insert “, other than a corporate credit union,”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Jennifer Carroll MacNeill: I move amendment No. 13: 13. In page 10, line 29, to delete “the Bank” and substitute the following: “such other bodies as appear to the Minister to be expert or knowledgeable in matters relating to credit unions”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Jennifer Carroll MacNeill: I move amendment No. 14: 14. In page 11, between lines 12 and 13, to insert the following: “Amendment of section 21 of Principal Act (nomination of property in credit union) 11. Section 21 of the Principal Act is amended— (a) by the substitution of the following subsection for subsection (3): “(3) For the purpose of the disposal of any property which is the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Jennifer Carroll MacNeill: I move amendment No. 15: 15. In page 11, between lines 17 and 18, to insert the following: “Amendment of section 23 of Principal Act (provision for small payments on death) 12. Section 23 of the Principal Act is amended— (a) in subsection (1), by the substitution of the following paragraph for paragraph (a): “(a) does not in the whole exceed the amount standing...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Jennifer Carroll MacNeill: I move amendment No. 16: 16. In page 12, to delete lines 8 and 9 and substitute the following: “(c) in subsection (3), by the substitution of the following paragraph for paragraph (a)— “(a) If a member of a credit union seeks to withdraw savings in the credit union at a time when the member has an outstanding liability (including a contingent liability) to the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Jennifer Carroll MacNeill: I move amendment No. 17: 17. In page 12, line 19, after “member” to insert “of the credit union”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Jennifer Carroll MacNeill: I move amendment No. 18: 18. In page 12, to delete line 20 and substitute the following: “(b) enter into an agreement with one or more other credit unions in accordance with which the credit union agrees to participate in a loan to a member of one of those other credit unions (in this paragraph referred to as ‘the originating lender’) by the originating lender, or...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Jennifer Carroll MacNeill: I move amendment No. 19: 19. In page 12, to delete line 24.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Jennifer Carroll MacNeill: I move amendment No. 20: 20. In page 12, to delete lines 26 to 30 and substitute the following: “ “(2A) The ability of the loan applicant to repay a loan shall be the primary consideration in the underwriting process of the credit union making the loan or participating in the loan, as the case may be.”, and (c) in subsection (8), by the substitution of “the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Jennifer Carroll MacNeill: I move amendment No. 21: In page 12, between lines 30 and 31, to insert the following: “Amendment of section 36 of Principal Act (approval of loans) 17.Section 36 of the Principal Act is amended— (a) in subsection (2)— (i) by the substitution of “A loan must be approved” for “Subject to subsections (3) and (5), a loan must be...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Jennifer Carroll MacNeill: I move amendment No. 22: In page 12, to delete lines 32 to 35, and in page 13, to delete lines 1 to 6 and substitute the following: “17.Section 37 of the Principal Act is amended by the deletion of subsections (2) and (3).”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Jennifer Carroll MacNeill: I move amendment No. 23: In page 13, between lines 18 and 19, to insert the following: “and (ii) by the deletion of paragraphs (b) and (c),”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Jennifer Carroll MacNeill: The requirement is that it would be done on advice from CUAC and there would be a dialogue with CUAC in the first instance. The Deputy's question is related to the Oireachtas. He is right that we are making enabling legislation that does not have recourse to the Oireachtas. My only view of it is that I do not imagine a Minister doing this without a statement being made to the Oireachtas....

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Jennifer Carroll MacNeill: The only thing I might clarify is that the Minister would not be setting but capping the rate. They would not be setting the rate in any way. I appreciate the broader governance question and will reflect on it.