Seanad debates

Tuesday, 11 December 2012

Credit Union Bill 2012 : Committee Stage

 

6:30 pm

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

Amendment No. 137 removes the requirement for the Minister for Finance to obtain the consent of the Minister for Public Expenditure and Reform before approving the appointment of staff by ReBo. The staff of ReBo will be paid out of the credit union fund and as a result, the consent of the Minister for Public Expenditure and Reform to their appointment is no longer required. ReBo can therefore, with the approval of the Minister for Finance, appoint such staff and at such grades as it may determine.

Amendment No. 138 makes the provisions relating to the appointment of the staff of ReBo consistent with those relating to the appointment of the chief executive of ReBo. Section 54 will now mirror the provisions concerning the appointment of the chief executive set out in section 53. Subsection 2(a) restates section 54(2) as included in the Bill as published following Committee Stage in the Dáil, and provides that the terms of appointment of the staff of ReBo may be determined by the Minister with the consent of Minister for Public Expenditure and Reform, subject to the Public Service Management (Recruitment and Appointments) Act 2004. Subsection 2(b) as provided for in this amendment sets out an alternative means for determining the terms of appointment of ReBo staff. Those terms may be determined by the board of ReBo, subject to the approval of the Minister with the consent of the Minister for Public Expenditure and Reform.

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