Oireachtas Joint and Select Committees

Wednesday, 20 September 2023

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

General Scheme of the Microenterprise Loan Fund (Amendment) Bill 2023: Discussion

Photo of David StantonDavid Stanton (Cork East, Fine Gael)
Link to this: Individually | In context | Oireachtas source

Head 11 states, “The authorised share capital of Microfinance Ireland shall be €1 comprising one share of €1 and that share shall be held by the Minister”. It also states in the explanatory note that, "Legal advice may be required from the AGO on this transfer." Why is there a need for legal advice? Is there a need?