Dáil debates

Thursday, 12 December 2013

Companies (Miscellaneous Provisions) Bill 2013 [Seanad]: Report and Final Stages

 

10:50 am

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail) | Oireachtas source

I support Deputy Creighton’s amendment. I tabled similar amendments on Committee Stage. This Bill is welcome. Its proposals are excellent but if we do not put some sort of framework on the cost element, its benefits will be severely diminished as are the prospects of many companies availing of its provisions and it will not save businesses and employment. I expressed concerns on Second and Committee Stages about the Circuit Court and the need to ramp up the skill set there. This is a practical amendment that tries to prevent people making a lot of money through fees on the back of small companies in this process.

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