Dáil debates
Wednesday, 22 November 2023
Finance (No. 2) Bill 2023: Report and Final Stages
8:00 pm
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
I move amendment No. 62:
In page 72, between lines 26 and 27, to insert the following: “(e) the repayment, redemption or purchase by -(i) a company to whom a relevant loan was made, orof any of its own share capital and references in subsection (5)(a) to the repayment of the principal amount advanced shall be construed as the amount paid for the repayment, redemption or purchase of the share capital of the company or the intermediate holding company, as the case may be.”.
(ii) in a case where a relevant loan was made to an indirect qualifying subsidiary, the intermediate holding company that directly holds 75 per cent or more of the ordinary share capital of the indirect qualifying subsidiary,
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