Dáil debates

Wednesday, 29 July 2020

Financial Provisions (Covid-19) (No. 2) Bill 2020: Committee Stage (Resumed) and Remaining Stages

 

7:50 pm

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

I will speak briefly to the section. I have listened intently as the amendments have been gone through in considerable detail. My contribution will be very brief. I welcome the Minister's commitment to look at the issue of proprietary directors. There may be six proprietary directors in a company holding 15% each. Their situation is slightly different from that of self-employed people. They come under the existing scheme and should come under the new scheme in the interests of continuity and maintaining all employees. They are formally registered employees of their companies. I very much welcome that the Minister is looking at the issue. With regard to the administration of the scheme, it would make sense for proprietary directors to be included in the new scheme. I welcome the Minister's commitment to look at the matter in detail.

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