Results 7,281-7,300 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: Is the sort of thinking Ms Motherway is advocating capable of being inserted into the process now or is the implication of what she is saying that the entire scheme of what is envisaged would have to be reviewed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: Okay.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: Will Mr. Eoin O'Sullivan outline the position in respect of saving stamps, his concerns in respect of them and how the law ought to be changed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: How could the system get around that? Could there be a public policy to reduce the size of certain credit unions?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: Another way of putting it is that this would be setting a limit on the growth of credit unions. Would that be counter-intuitive for people who see themselves as having a developmental role and are of the view that one achieves more by building up? I ask what kind of an instrument would allow an intervention to occur that would stop the growth of a credit union.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: I am sure members will have questions about that. If I may ask a question on the other net issue, the proposed amendment to the Credit Union Act 1997, in respect of the permission to withdraw one's savings. As I read it that is a proposal to liberalise the position, in a sense, compared to where matters currently stand. I believe Ms Motherway has a concern about that. I ask her to tell us...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: I welcome Ms Carmel Motherway of Motherway Consulting, Mr. Eoin O'Sullivan who is representing Enterprise IT, Mr. Des Gunning who is a member of the Dormant Accounts Fund Disbursements Board and Ms Noreen Byrne of the UCC Centre for Co-operative Studies. This is the third session in our consideration of the draft Credit Union Bill. I will ask delegates to speak briefly to the submissions...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: I thank Mr. McConville, Mr. Hosford and Mr. Owens for contributing to the discussion. I thank all witnesses for attending this morning and for making their submissions, all of which will be published. A transcript of these proceedings will be sent to the Minister for Finance. The committee will also prepare its own short summary of the issues, which will not be a deliberate view on each...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: Strictly speaking, it would be more appropriate to have this kind of discussion in private session but certainly we will consider that matter over lunch. However, the timeframe is very restrictive indeed.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: The meeting is suspended until 2 p.m.

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.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: I can only afford delegates a few minutes to wrap up having heard members' views and responses. They may wish to respond to some of the views expressed, but there were also some questions asked. Deputy Richard Boyd Barrett asked whether this was all a backlash against what had happened under the broader scheme. Deputy Kevin Humphreys raised the issue of a manager not being a director and...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: I heard that question, but it would not be fair to ask the representatives of individual credit unions, but we will try to pursue that issue. We will begin with Mr. McConville.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: Of which the credit unions have some experience.

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: 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: Is that contained in the proposed Bill?