Seanad debates

Thursday, 5 June 2014

Friendly Societies and Industrial and Provident Societies (Miscellaneous Provisions) Bill 2014: Report and Final Stages

 

1:25 pm

Photo of Michael MullinsMichael Mullins (Fine Gael) | Oireachtas source

I pay tribute to the Senators who put down the amendments. The process has given us greater insight into the workings of the friendly societies. Important amendments have been introduced in the area of industrial and providential societies aimed at making the regulatory burden on co-operative societies easier and making examinership, which is currently unavailable to co-operative societies, accessible. This is very much to be welcomed. A good day's work has been done in the passing of this legislation. I thank the Minister of State for steering it successfully through the House.

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