Seanad debates

Wednesday, 30 September 2015

Commencement Matters

Credit Unions Regulation

10:30 am

Photo of Paul BradfordPaul Bradford (Renua Ireland) | Oireachtas source

We have to ensure that the Minister and those who have been elected, who have a very clear understanding of the significance of credit unions, are very much in the driving seat of this legislation. I do not know what the Central Bank's agenda is on the long-term development of the credit unions, but we need to state that we want to see credit unions maintained, expanded and developed and working with their communities into the future. A meeting with the Minister is urgent and it needs to happen before the end of the year, because once this commencement order is signed the world will change for credit unions.

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