Seán Sherlock (Cork East, Labour) | Oireachtas source

I move amendment No. 210:

In page 768, between lines 7 and 8, to insert the following:"(8) Any director of a PLC who knowingly contravenes, or knowingly permits or authorises a contravention of, a preceding provision of this section shall be guilty of a category 3 offence.".

The purpose of the amendment is to create a category 3 offence in circumstances where any director of a public limited company knowingly permits or authorises a contravention of a preceding provision of the section. The language of the amendment is in line with the language agreed in the general scheme of the companies (consolidation and reform) Bill 2007. The offence under this section has been brought in line with the general scheme of offences in Part 14 and will now be a category 3 offence.

See this speech in context