Dáil debates

Wednesday, 15 June 2016

Companies (Amendment) Bill 2016: First Stage

 

1:45 pm

Photo of David CullinaneDavid Cullinane (Waterford, Sinn Fein)
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I move:

That leave be granted to introduce a Bill entitled an Act 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.

Photo of Seán Ó FearghaílSeán Ó Fearghaíl (Kildare South, Ceann Comhairle)
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Is the Bill being opposed?

Photo of Regina DohertyRegina Doherty (Meath East, Fine Gael)
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No.

Question put and agreed to.

Photo of Seán Ó FearghaílSeán Ó Fearghaíl (Kildare South, Ceann Comhairle)
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Since this is a Private Members' Bill, Second Stage must, under Standing Orders, be taken in Private Members' time.

Photo of David CullinaneDavid Cullinane (Waterford, Sinn Fein)
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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.

Question put and agreed to.