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
2:30 pm
Simon Harris (Wicklow, Fine Gael)
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I move amendment No. 22:
In page 55, between lines 7 and 8, to insert the following:“Perpetual debentures100. A condition contained in any debentures or in any deed for securing any debentures shall not be invalid by reason only that the debentures are by those means made irredeemable or redeemable only on the happening of a contingency however remote, or on the expiration of a period however long, notwithstanding any rule of law to the contrary.".