Oireachtas Joint and Select Committees
Wednesday, 6 November 2013
Select Committee on Jobs, Enterprise and Innovation
Companies Bill 2012: Committee Stage (Resumed)
10:20 am
Seán Sherlock (Cork East, Labour) | Oireachtas source
I propose to amend section 1042 to provide that the summary approval procedure can only be used to permit financial assistance by a plc, where that procedure was authorised or where the resolution passed under section 60 of the 1963 Act was passed by the plc before - and that is the key word - it re-registered as a plc.
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