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Version status: Amended
Version date: 18 October 2023 - onwards
Version 2 of 2

63. Amendment of section 136 of Principal Act (restriction on dissolution or cancellation of registration)

This format of the bill is taken from the text of stage 1 published on 30 November 2022 by Seanad Éireann

Section 136 of the Principal Act is amended by the substitution of the following subsection for subsection (1):

"(1) Until a certificate under this section has been lodged with the Bank -

(a) a credit union shall not be dissolved in accordance with section 135(6), and

(b) the Bank shall not cancel the registration of a credit union under section 97(2)(b).".