Seán Sherlock (Cork East, Labour) | Oireachtas source

I move amendment No. 22:

In page 112, line 17, after "shall" to insert the following:", unless this Act provides that on re-registration the company shall continue to enjoy an exemption conferred by or under either of the sections referred to in section 62(3),".

The amendment proposes, unless the Bill otherwise prohibits, to allow an existing private company which re-registers as a designated activity company to continue to enjoy an exemption conferred by section 62(3).