Dáil debates

Tuesday, 25 March 2014

Companies Bill 2012: Report and Final Stages

 

7:35 pm

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

I move amendment No. 135:

In page 313, to delete lines 20 to 26 and substitute the following:“(2) Where a company, or a nominee of the company, holds shares in its holding undertaking or an interest in such shares, the profits of the company available for distribution shall be restricted by the amount of the consideration paid for such shares or interest.”.

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