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. 31:

In page 104, between lines 23 and 24, to insert the following:

“Agency with responsibility for enforcement of offences171. (1) The Bank may instigate summary proceedings for offences under sections 6(5), 7(3) and (4), 8(3), 10(6), 18(6), 21(5), 22(4), 28(3), 30(2), 31(3) and (5), 33(3), 36(2), 39(4), 42(3), 43(4), 46(4), 49(4), 50(5), 55(7), 66(4) and (5), 75(4), 90(3), 95(5), 97(4), 109(1) and (2), 111(10), 112(9), 113(7), 115(4), 123(2), 130(5), 133(9), 136(5), 147(5) and 160(5).
(2) The Director of Corporate Enforcement may instigate summary proceedings for offences under sections 63(1), 64(4), 68(3), 70(3), 71(3), 79(11) and (12), 80(3), 81(10) and (11), 83(5) and 84(8).

(3) Either the Bank or the Director of Corporate Enforcement may instigate summary proceedings for offences under sections 117(6) and 119(2).”.

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