Oireachtas Joint and Select Committees
Thursday, 9 November 2017
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance Bill 2017: Committee Stage (Resumed)
10:00 am
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
I move amendment No. 71:
In page 56, to delete lines 35 to 39, and in page 57, to delete lines 1 to 5 and substitute the following: " "(11) In the case of—
(a) a merger undertaken in accordance with Chapter 3 of Part 9 of the Companies Act 2014—(i) the resolution referred to in paragraph (a)(ii) of section 202(1)of that Act, in the case of a merger effected by way of the summary approval procedure (within the meaning of section 202 of that Act), orshall be regarded as a conveyance on sale, or
(ii) the order made under section 480(2) of that Act, in the case of a merger effected otherwise than by way of the summary approval procedure (within the foregoing meaning),
(b) a merger undertaken in accordance with Chapter 16 of Part 17 of the Companies Act 2014, the order made under section 1144 of that Act shall be regarded as a conveyance on sale.".".
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