Dáil debates

Tuesday, 25 March 2014

Companies Bill 2012: Report and Final Stages

 

6:55 pm

Photo of Seán SherlockSeán Sherlock (Cork East, Labour) | Oireachtas source

I move amendment No. 25:

In page 111, to delete lines 26 and 27 and substitute the following:"(6) In⁠—
(a) subsection (5) "relevant shares", in relation to a company, means shares in the company other than shares which as respects dividends and capital carry a right to participate only to a specified amount in a distribution;

(b) subsection (5)(a)(ii) "non-member" means a person who is not holder of shares (as that expression is to be read by virtue of section 71(4)) in the company.".

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