Credit Union (Amendment) Act 2023

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Amendment of section 57 of Principal Act (directors: supplemental provisions)

32.Section 57 of the Principal Act is amended—

(a) in subsection (2), by the substitution of “and, in the case of a credit union other than a corporate credit union, the board oversight committee of the credit union” for “and the board oversight committee of the credit union”, and

(b) in subsection (4), by the substitution of “then, in the case of a credit union other than a corporate credit union, the secretary” for “then the board oversight committee”.