Billy Kelleher (Cork North Central, Fianna Fail)

I move amendment No. 5:

In page 16, lines 41 to 43, to delete all words from and including "considers" in lines 41 and 42, down to and including "so." in line 43 and substitute the following:

"is satisfied that—

(a) the proposed de-registration of the applicant would contravene the terms of an agreement or arrangement between the applicant and any shareholder or creditor of the applicant; or

(b) the proposed de-registration would be materially prejudicial to any shareholder or creditor of the applicant and the interests of shareholders and creditors or both taken as a whole would be materially prejudiced.".

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