Seán Sherlock (Cork East, Labour) | Oireachtas source

On section 1318, the position is unchanged from existing law. Section 1327 is substantially unchanged from existing law. However, the definition of "joint stock company" is taken from existing law. Some of the wording in the existing definition has been modified slightly. With regard to section 1328, the position is substantially unchanged from existing law. Modification has taken place to account for the new company types under the Bill. As such, a joint company may at any time register as a CLS, DAC, CLG or unlimited company. With regard to sections 1329 to 1332, the position is substantially unchanged from the existing law.