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Perry, John

Thursday, 26 June 2014

Dáil Éireann Debate
Vol. Nbr.


Friendly Societies and Industrial and Provident Societies (Miscellaneous Provisions) Bill 2013 [Seanad]: Second Stage (Resumed)

I thank Deputies for their contributions to the debate on the Bill. It is clear that many of them have a significant interest in the co-operative sector, in particular, which is testament to the i...More Button

I thank Deputies for their generally positive contributions and welcome for the general thrust of the Bill. While welcoming the Bill, Deputy Peadar Tóibín was somewhat critical of the Government...More Button

Friendly Societies and Industrial and Provident Societies (Miscellaneous Provisions) Bill 2013 [Seanad]: Second Stage (Resumed) (Continued)

We viewed this as a first step in the process of assisting the development of the co-operative model.More Button

Reference has been made to the active promotion of co-operatives. It is my Department's role to provide the legislative framework within which business entities can operate. The co-operative mo...More Button

Deputies Michael Moynihan, Peadar Tóibín and Finian McGrath all raised the issue of our intentions in respect of friendly societies. I reiterate our rationale for the changes proposed, principal...More Button

It is a fact that the current legislative regime does not provide for prudential supervision of friendly societies by any public authority. This is a source of concern in that there is a potenti...More Button

The issue of a suitable prudential supervision regime has been considered and it is intended that it will be examined further with the Central Bank and the Department of Finance. The powers to e...More Button

I thank Deputies for their time and attention and look forward to hearing their views in the future consideration of the Bill as it progresses through the House.More Button

Friendly Societies and Industrial and Provident Societies (Miscellaneous Provisions) Bill 2013 [Seanad]: Referral to Select Committee

I move:More Button