Dáil debates

Wednesday, 28 January 2015

Irish Collective Asset-management Vehicles Bill 2014: Report Stage

 

3:30 pm

Photo of Simon HarrisSimon Harris (Wicklow, Fine Gael) | Oireachtas source

I move amendment No. 26:

In page 97, line 35, to delete “a director” and substitute “at least 2 directors”.
Amendments Nos. 26 and 27 are required because section 56 of the Irish Collective Asset-management Vehicles, ICAV, Bill stipulates that an ICAV needs to have at least two directors so the reference at section 154D to the appointment of one director only is incorrect.

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