Dáil debates
Thursday, 19 February 2015
Irish Collective Asset-management Vehicles Bill 2014: From the Seanad
10:50 am
Simon Harris (Wicklow, Fine Gael) | Oireachtas source
Amendment No. 7 seeks to make the rules on the execution of documents consistent with the position under the Companies Act 2014 in respect of public limited companies. ICAVs may wish to authorise other individuals such as the investment manager to execute standard trading documents on behalf of the ICAVs. The original text which limited signatories to the directors and company secretary is out of line with how investment funds operate.
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