Credit Union (Amendment) Bill 2022

Plain-English summary AI · claude-haiku-4-5-20251001

• Creates corporate credit unions as a new entity type; amends 1997 Act to establish this structure and related governance rules.
• Expands credit union membership eligibility, investment options, loan interest rate caps, and allows inter-credit-union lending and service sharing.
• Changes credit union governance requirements and operational scope under amended Credit Union Act 1997; specific membership and investment limits not detailed in title.

Stage timeline

1. First Stage 26th Seanad

   30 Nov 2022
2. Second Stage 26th Seanad

   6 Dec 2022
3. Committee Stage 26th Seanad

   6 Dec 2022
4. Report Stage 26th Seanad

   13 Dec 2022
5. Fifth Stage 26th Seanad

   13 Dec 2022
6. Second Stage 33rd Dáil

   13 Dec 2022
7. Committee Stage 33rd Dáil

   2 Mar 2023
8. Report Stage 33rd Dáil

   29 Nov 2023
9. Fifth Stage 33rd Dáil

   29 Nov 2023
10. Cream List 26th Seanad

    5 Dec 2023
11. Enacted

    13 Dec 2023