Dáil debates

Friday, 24 June 2005

Investment Funds, Companies and Miscellaneous Provisions Bill 2005 [Seanad]: Report and Final Stages.

 

10:30 am

Photo of Brendan HowlinBrendan Howlin (Wexford, Labour)

In parliamentary drafting terms, since the order is in place, sections of it will remain law under the Companies Acts of 1963, subsequent to the enactment of this provision. My understanding is that in practice one is not therefore revoking the statutory instrument but deleting a section of it. The formulation of the words "to revoke" in that context is not correct procedure. The Minister of State has made no argument in that regard. This is my strong advice arising from my experience. The formulation I suggest achieves what the Minister of State wants to do but in a manner consistent with normal parliamentary procedure.

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