1. Irish Financial Services Law
  2. Legislation (IE)
  3. Acts
  4. 1997
Date-stamp loading
  1. Credit Union Act, 1997 (No. 15)
  2. Part IV Management of Credit Unions (ss. 53-76)
Previous Next

Part IV Management of Credit Unions (ss. 53-76)

Comparing proposed amendment...
Directors (ss. 53-57)
In force
 53. Board of directors.
In force
 54. Operation of board of directors.
In force
 55. Functions of board of directors.
In force
 55A. Chair of board of directors, etc.
In force
 56. Removal of director from office.
In force
 56A. Board committees.
In force
 56B. Nomination committee.
In force
 57. Directors: supplemental provisions.
Supervisory Committee (ss. 58-62)
Deleted
 58. Supervisory Committee.
Deleted
 59. Supervisory Committee: procedural provisions.
Deleted
 60. Functions of Supervisory Committee.
Deleted
 61. Supervisory Committee: removal from office.
Deleted
 62. Supervisory Committee: supplemental provisions.
Officers (ss. 63-66)
In force
 63. Officers: principal posts.
In force
 63A. Manager of credit union.
Deleted
 64. Functions of treasurer.
In force
 65. Credit officer and credit control officer.
In force
 66. Directors: suspension and removal by board oversight committee.
General governance requirements (ss. 66A-66C)
In force
 66A. Governance arrangements in credit unions.
In force
 66B. Remuneration policies and practices.
In force
 66C. Reporting to Bank.
General provisions (ss. 67-76)
In force
 67. Credit, credit control and membership committees.
In force
 68. Limitation of remuneration.
In force
 69. Conflicts of interest.
In force
 70. Required signatories etc.
In force
 71. Confidentiality of information.
In force
 72. Persons disqualified from acting.
Deleted
 73. Giving of security by officers etc.
In force
 74. Duty to account.
In force
 75. Register of members and officers.
In force
 76. Inspection of books.
Additional requirements for credit unions (ss. 76A-76K)
In force
 76A. Strategic plan.
In force
 76B. Risk management systems and systems and control.
In force
 76C. Risk management officer.
In force
 76D. Compliance officer.
In force
 76E. Operational risk.
In force
 76F. Records management.
In force
 76G. Information systems.
In force
 76H. Management information.
In force
 76I. Business continuity plan.
In force
 76J. Outsourcing.
In force
 76K. Internal audit.
Previous Next