Seanad debates

Tuesday, 11 December 2012

Credit Union Bill 2012 : Committee Stage

 

7:00 pm

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

This amendment removes the ministerial regulation-making powers that currently exist under section 182 of the 1997 Act, as these powers conflict with the bank's regulation-making powers under the Bill and are more appropriate for the Central Bank. These relate to the registration procedures and operations of credit unions.

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