Simon Harris (Wicklow, Fine Gael) | Oireachtas source

This amendment amends section 85(2)(l)of the ICAV Bill which refers to section 863(2) of the Companies Act 2014. Section 863 of the Companies Act 2014 provides that details of a disqualification order or conviction or other such relevant occurrences must be supplied to the Company Registrations Office, CRO. The amendment makes it clear that where such an offence occurs in respect of an ICAV, this information must be sent to the Central Bank, rather than the CRO, and should be sent to the bank in a form and manner that it will specify.

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