An tOrd Gnó - Order of Business
Dail Éireann — 2020-12-01
============================================================

Mattie McGrath (IND), Tipperary

I have been contacted by several credit unions, including Clonmel Credit Union, which is in a very healthy position. The members ensured a €3.6 million profit this year, €1.7 million of which is to be distributed back to the members. They are the people who create the credit union with the wonderful staff there as well. The Central Bank can change this overnight to allow a virtual AGM to take place. Audit accounts have been submitted since early November but they have not got a result. Will the Taoiseach ask the Minister for Finance to allow credit unions to have their AGMs virtually and to change the Act in order to allow members to spend this money in the towns, which is so badly needed, especially in these times of Covid? This is a simple matter and could be done with the stroke of a pen.

---

Source: Houses of the Oireachtas. Licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). The Official Report is revised after first publication; the fetch timestamp below identifies the version quoted.

Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2020-12-01/debate/main
Retrieved: 2026-08-14T04:48:52+00:00
Sitting date: 2020-12-01