Oireachtas Joint and Select Committees
Tuesday, 11 November 2014
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Irish Collective Asset-Management Vehicles Bill 2014: Committee Stage
2:40 pm
Simon Harris (Wicklow, Fine Gael) | Oireachtas source
I move amendment No. 25:
In page 55, between lines 7 and 8, to insert the following:“CHAPTER 4Registration against ICAV of certain matters prohibited
Prohibition on registration of certain matters affecting shareholders
103. (1) Subject to subsection (3), the Bank has, in relation to any ICAV, no jurisdiction to accept receipt of, or to register in the register—(a) an order of any authority (whether judicial or otherwise) affecting a shareholder of the ICAV, or(2) Any jurisdiction of an authority (whether judicial or otherwise) subsisting before the commencement of this section to make an order requiring that there be registered in the register, or that there be received by the Bank—
(b) any notice of the making thereof.(a) an order of that authority affecting a shareholder of an ICAV, or(3) Nothing in this section affects the jurisdiction of any authority (whether judicial or otherwise) by virtue of section 132.”.
(b) a notice of the making of an order referred to in paragraph (a), shall, after that commencement, cease to be exercisable.
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