Seán Sherlock (Cork East, Labour) | Oireachtas source

I move amendment No. 48:

In page 158, to delete lines 24 to 27 and substitute the following:

"(2)In subsections (3) and (4) "relevant sum" means⁠—

(a)any sum for the time being standing to the credit of the company’s undenominated capital;

(b)any of the company’s profits available for distribution; or

(c)any sum representing unrealised revaluation reserves arising on a revaluation of all the fixed assets of the company.".

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