Seanad debates
Thursday, 6 July 2006
Building Societies (Amendment) Bill 2006: Committee and Remaining Stages.
6:00 pm
James Bannon (Fine Gael)
I move amendment No. 2:
In page 12, before section 22, to insert the following new section:
"22. The Principal Act is amended by inserting the following after section 101:
"A101A.—(1) An application may be made to the High Court for an order sanctioning the conversion into a company of a society.
(2) In any application under this section, the following shall have right of audience:
(a) the Minister for Finance;
(b) the Minister for the Environment, Heritage and Local Government; and
(c) any person (including an employee of the society) who alleges that he or she would be adversely affected by the carrying out of the conversion.".".
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