Dáil debates

Wednesday, 2 April 2014

Companies Bill 2012: Report Stage (Resumed)

 

11:30 am

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

I move amendment No. 214:

In page 774, lines 33 to 35, to delete all words from and including “or” in line 33 down to and including “subparagraph (i);” in lines 34 and 35 and substitute the following:“(ii) a partner or employee of an officer or employee referred to in subparagraph (i); or

(iii) a person otherwise connected (within the meaning of section 221 as adapted by section 1029(7)) with an officer or employee referred to in subparagraph (i);”.
The purpose of the amendments is to exclude any connected persons, for instance, family members as per section 221, from being an independent person. As the Bill stands, a civil partner or child of an officer or employee of the public limited company is not to be precluded from being such an independent person. For this reason, the amendment is deemed necessary.

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