Brian Hayes (Dublin South West, Fine Gael) | Oireachtas source

The Bill allows Central Bank regulations to set out the classes of investment in which a credit union may engage. This could be used to allow for investments in a company where appropriate. The Bill will give the bank the power to set out the regulations in terms of the classes of investments that can be made. If the class is clear in the regulations, it is open for everyone to make proposals in which the credit union might want to invest.