Credit Unions (Amendment) Bill - Clause 11 - Clarification of powers to hold land - Northern Ireland Assembly

Clause 11 - Clarification of powers to hold land

Clause 11 clarifies the powers of a credit union to hold and dispose of land for the purpose of conducting its business. The Clause also allows the credit union to dispose of all or part of the land.

39. Do you support the provision to allow credit unions to hold land including even if the entirety of the land or property is not to be used exclusively for credit union business?

Yes No

40. Do you support this provision as a way for a credit union to utilise part of a property for another purpose, perhaps in order to develop other income streams for credit unions?

Yes No

41. Do you have any other comments on Clause 11 or suggested amendments for this clause?