Seán Sherlock (Cork East, Labour) | Oireachtas source

I move amendment No. 238:

In page 899, between lines 27 and 28, to insert the following:“

Returns of allotments

Section 71(7) and (8)

The purpose of this amendment is to disapply the obligation to file a return of allotments to unlimited companies. Public unlimited companies are not obliged to return allotments of shares under current law. The Company Law Review Group recommended in this heads of this Bill that the obligation to file a return of allotments for unlimited companies be disapplied to both private and public unlimited companies.

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