Pearse Doherty
Question:96. Deputy Pearse Doherty asked the Minister for Finance his plans to extend the period of operation of the Credit Union Restructuring Board; and if he will make a statement on the matter. [22308/14]
View answerDáil Éireann Debate, Tuesday - 27 May 2014
96. Deputy Pearse Doherty asked the Minister for Finance his plans to extend the period of operation of the Credit Union Restructuring Board; and if he will make a statement on the matter. [22308/14]
View answerThe Credit Union Restructuring Board (ReBo) was established on a timebound basis in line with recommendations in the Report of the Commission on Credit Unions. ReBo is working towards the timetable set out in the Report, with a view to completing the restructuring process by the end of 2015. At that stage a review of the operation of ReBo in accordance with section 43 of the Credit Union and Co-operation with Overseas Regulators Act 2012 will have been completed.
I have no plans at this time to extend the term of ReBo.