Oireachtas Joint and Select Committees
Tuesday, 5 February 2019
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion
Mary Butler (Waterford, Fianna Fail)
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I thank Ms Greene. I will start with a question related to the first paragraph on page 2 of the presentation. Ms Greene said that the scheme also includes savers for work already under way at the time of the transfer from the ODCE to the authority. I ask her to explain that statement. I presume it means that work already under way will be transferred across.
Yes, cases or investigations already commenced will be transferred because the transfer will happen overnight. Proceedings might have been issued in the name of the Director of Corporate Enforcement and it is important they would not fall on the basis of a technicality such as that.