Credit Unions (Amendment) Bill

Closes 4 Dec 2026

Clause 2 - Minimum Age

Clause 2 is described as increasing the minimum age of Credit Union membership to 18. The Clause also reaffirms the existing restriction which prevents anyone under the age of 18 from holding specific offices in the credit union.

This Bill is described as not affecting existing Members or any applications made before the commencement of the Bill.

7. Is it reasonable to increase the minimum age of membership from 16 to 18 years of age?
8. Is it reasonable and sufficient to prevent anyone under the age of 18 from holding certain offices within the credit union?
9. Do you have any other comments on Clause 2 or suggested amendments for this clause?
There is a limit of 3500 characters
There is a limit of 3500 characters