Seanad debates

Tuesday, 5 December 2023

Credit Union (Amendment) Bill 2022: [Seanad Bill amended by the Dáil] Report and Final Stages

 

11:00 am

Photo of Jennifer Carroll MacNeillJennifer Carroll MacNeill (Dún Laoghaire, Fine Gael) | Oireachtas source

This is about empowering the credit union boards to better manage their own governance to allow them to focus and concentrate on strategy and development rather than detailed operational matters. This grouping addresses the following issues: organisational matters regarding the delivery of notices of meetings, documents, annual accounts and the calling of meetings; a quorum for a general meeting of a corporate credit union; the minimum number of members of a corporate credit union; and technical amendments to the first Schedule and the insertion of a sixth Schedule, which are basically matters to be provided for in the rules of a corporate credit union.

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