Seán Sherlock (Cork East, Labour) | Oireachtas source

I move amendment No. 183:

In page 654, after line 41, to insert the following:“(5) This section shall also apply to the additional case that, by virtue of subsection (9) of section 151, subsection (1) of section 151 applies to.

(6) For the purposes of the application of this section to the foregoing additional case, this section shall have effect subject to the following modifications:

(a) the following definition shall be substituted for the definition of “relevant change amongst its directors” in subsection (1):

“ ‘relevant change amongst its directors’, in relation to a company, means the change referred to in subsection (1) of section 151 (as that subsection applies by virtue of subsection (9) of that section), namely the case of a person appointed a director of a company before the commencement of that section and who, subsequent to his or her appointment but before that commencement, becomes disqualified under the law of another state (whether pursuant to an order of a judge or a tribunal or otherwise) from being appointed or acting as director or secretary of a body corporate or an undertaking;”;

(b) in subsection (2), after “section 150(8)” there shall be inserted “(as that provision applies by virtue of section 151(10))”;

(c) in subsection (3)(a), there shall be substituted the following for subparagraph (i):

“(i) in the case of a failure referred to in subsection (2)(a), on the expiry of 3 months after the commencement of section 151; or”;

and

(d) in subsection (3)(b), there shall be substituted the following for subparagraph (i):

“(i) the period of foreign disqualification as remains unexpired as at the date that is specified in paragraph (a) to be the date on which the period of disqualification commences;”.”.

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