Mary Mitchell O'Connor (Dún Laoghaire, Fine Gael) | Oireachtas source

I move amendment No. 2:

In page 8, between lines 8 and 9, to insert the following:

“(j) subsection (5) of section 1237;".

This is a technical amendment. Deputies may recall I signalled on Committee Stage my intention to table an amendment to clarify that an application process under the Companies Act 2014 has now ended. The Companies Act 2014 was a significant modernisation of Irish company law. In order to accommodate companies adapting to the changes in that Act, a transitional period of 18 months was provided. One of the changes in that Act was to make the requirement for company types to display their company type at the end of their names apply to all company types. Up to that time it had applied to almost all company types, but not all. In light of the organisational preparations that might be needed by some companies, section 1237(5) allowed companies, in special circumstances, to apply to the Minister for an extension of time to make those arrangements. The period for applying to the Minister ran alongside the transitional period, which has now ended. Any company that required the extension of time has now been granted it.

Accordingly, this amendment clarifies that the application period has ended.

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