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

3:55 pm

Photo of Simon HarrisSimon Harris (Wicklow, Fine Gael) | Oireachtas source

I move amendment No. 53:


In page 75, between lines 20 and 21, to insert the following:“Meaning of remedial step
129.For the purposes of sections 128, 130 and 133, the remedial step is whichever of the following applies:
(a) in the case of the ground for striking off set out in section 126(a), having brought itself into compliance with section 13;
(b) in the case of the ground for striking off set out in section 126(b), having applied for or been granted authorisation under section 18;
(c) in the case of the ground for striking off set out in section 126(c) or (d), having provided to the Bank the details of the liquidator and of up to date periodic statements having been furnished;
(d) in the case of the ground for striking off set out in section 126(e), having given notification to the Bank under section 65(6)of the appointment of a director of the ICAV.”.

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