Dáil debates
Wednesday, 28 January 2015
Irish Collective Asset-management Vehicles Bill 2014: Report Stage
3:20 pm
Simon Harris (Wicklow, Fine Gael) | Oireachtas source
I move amendment No. 21:
In page 85, to delete lines 34 and 35 and substitute the following:
“(5) On the registration of an investment company as an ICAV, the Bank shall immediately authorise it to carry on business.
(6) On the registration of an UCITS as an ICAV, the UCITS shall continue to be authorised under the UCITS Regulations.
(7) Section 889 of the Companies Act 2014 has effect as if this section were a provision of that Act.”.
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