Dáil debates

Wednesday, 7 July 2021

Companies (Rescue Process for Small and Micro Companies) Bill 2021: Committee and Remaining Stages

 

7:07 pm

Photo of Aodhán Ó RíordáinAodhán Ó Ríordáin (Dublin Bay North, Labour) | Oireachtas source

I move amendment No. 8:

In page 31, lines 17 and 18, to delete “60 per cent in number representing a majority in value” and substitute “66 and two-thirds per cent in number representing 66 and two-thirds in value”.

This amendment is very simple. It aims to increase what is considered to be a majority in the Bill from 60% to 66%. This is two thirds and represents the normal practice.

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