Seanad debates
Tuesday, 11 December 2012
Credit Union Bill 2012 : Committee Stage
6:50 pm
Brian Hayes (Dublin South West, Fine Gael) | Oireachtas source
Amendment No. 162 clarifies that the bank must have regard to the terms and conditions that the Minister considers appropriate to attach the decision to provide stabilisation support when making a decision on the approval of stabilisation support to a credit union. These terms and conditions will deal with issues such as recoupment which may affect the Central Bank?s assessment of viability.
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