Credit Union (Amendment) Act 2023

Amendment of section 76N of Principal Act (election of board oversight committee)

46. Section 76N of the Principal Act is amended—

(a) in subsection (1)—

(i) in paragraph (a)—

(I) by the substitution of “from among the members, by secret ballot at the organisation meeting” for “by secret ballot at the organisation meeting”, and

(II) by the substitution of “filled, from among the members, by secret ballot at an annual general meeting” for “filled by secret ballot at an annual general meeting”,

and

(ii) in paragraph (b)—

(I) by the substitution of “in any other case, from among the members,” for “in any other case,”, and

(II) by the substitution of “filled, from among the members, by secret ballot at an annual general meeting” for “filled by secret ballot at an annual general meeting”,

and

(b) in subsection (4)(l), by the substitution of “parent, sibling or child” for “parent or child”.