Dáil debates

Wednesday, 15 June 2016

Companies (Amendment) Bill 2016: First Stage


1:45 pm

Photo of David CullinaneDavid Cullinane (Waterford, Sinn Fein) | Oireachtas source

I move: "That the Bill be taken in Private Members' time."

This is a Bill to amend the Companies Act 2014 to hold a company officer or officers acting on behalf of a corporate body personally liable where a breach of employment law is committed. It would lift the "corporate veil" whereby company officers or directors can separate the legal personality of a company from their legal responsibilities to their employees. The Clerys workers, among many others, were left high and dry, while employers can hide behind company law. While the Bill is not the only solution, it is one of a number of solutions advocated to deal with the issue.


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