Seanad debates
Tuesday, 11 December 2012
Credit Union Bill 2012 : Committee Stage
6:20 pm
Brian Hayes (Dublin South West, Fine Gael) | Oireachtas source
Amendments Nos. 132, 148, 153 and 154 are technical amendments which provide for consistency in the references to "financial support" to be provided from the Credit Union Fund under Parts 3 and 4. Financial support may take the form of a payment, a loan, a guarantee, an exchange of assets or any other kind of financial accommodation or assistance. This is consistent with both the Credit Institutions (Financial Support) Act 2008 and the Central Bank and Credit Institutions (Resolution) Act 2011.
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