Credit Union says it ‘did not take decision lightly’

BLESSINGTON Credit Union has responded to criticism over its decision to remove the local tourist office from its premises as well as two small local businesses.

In a statement issued this week, the local service outlined that it is obliged to request the occupants to vacate the premises under the Credit Union Act.

‘During a recent, routine review at Blessington & District Credit Union Ltd., it came to light that the credit union was not compliant with Section 41 of the Credit Union Act 1997 (as amended), which states that ‘a credit union may acquire and hold in its own name any land for the purpose of conducting its business on the land (including erecting a building on the land for that purpose) but for no other purpose’. In order to comply with its legal obligations under the Act, the credit union very reluctantly had to take the decision to terminate the present license arrangements. The credit union did not take this decision lightly, and mindful of the impact this would have on the very valued businesses which operate from the premises, together with its legal advisors, the credit union spent some time exploring every alternative solution to this issue. However, unfortunately there was no other viable option,’ the statement outlined.

Along with Blessington Tourist Office, businesses The Ring Fort and Willow Art and Healing will have to seek new premises if the eviction goes ahead.

Meanwhile, a public meeting has been called for Monday, February 11 at the Coimin Centreat7.30p.m.

Organiser Cllr Gerry O’Neill said that he hopes all parties can get together to discuss the situation and come to an agreeable solution.