Mary Mitchell O'Connor (Dún Laoghaire, Fine Gael) | Oireachtas source

I move amendment No. 19:

In page 25, to delete lines 23 to 27 and substitute the following:"(a) in subsection (2)—

(i) by the insertion of the following paragraph after paragraph (a):

"(aa) that other holding undertaking holds more than 90 per cent of the shares in the lower holding company and the remaining shareholders in, or members of, the lower holding company have approved the exemption,",

and

(ii) in paragraph (b), by the substitution of "more than 50 per cent but not more than 90 per cent" for "more than 50 per cent".".