Niall Collins
Question:183. Deputy Niall Collins asked the Minister for Finance the position which applies in a circumstance (details supplied); and if he will make a statement on the matter. [34796/16]
View answerTuesday, 15 November 2016
Questions (183)
Written answers
Section 21 of the Credit Union Act, 1997 provides for the nomination of property in a credit union. The legislation specifies that a credit union member aged 16 or over, can nominate in writing a person or persons to become entitled to all or part of the member's property in the credit union at the time of the member's death, up to a prescribed limit. It also provides for the member to vary or revoke their nomination.
It would not be appropriate for me to comment on the specific issue raised in the question as this would involve an interpretation of the law, which is a matter for the courts.