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Companies Bill 2012: Report Stage (Resumed) (2 Apr 2014)

Seán Sherlock: I move amendment No. 241:In page 904, between lines 35 and 36, to insert the following:“(6) In the case of a PULC, subject to the articles’ compliance with section 1254(3) (articles must state the number of members with which the company proposes to be registered), articles of such an unlimited company may otherwise consist solely of a statement to the effect that the provisions...

Companies Bill 2012: Report Stage (Resumed) (2 Apr 2014)

Seán Sherlock: There is not a Minister or Deputy in this House who is not pro-business, be that business small, independent, a sole trader or a transnational corporation. The vast majority of businesses, whether multinational corporations or sole traders, operate legitimately and with probity in relation to their taxation, employment, health and safety and any other corporates of law one cares to mention....

Companies Bill 2012: Report Stage (Resumed) (2 Apr 2014)

Seán Sherlock: It is very easy to state that small businesses have received less favourable treatment than their bigger counterparts.

Companies Bill 2012: Report Stage (Resumed) (2 Apr 2014)

Seán Sherlock: I will speak to the amendment. We could become involved in an argument with regard to the supports available to small and large businesses. However, as stated in reply to a previous amendment, between 250 and 300 individuals who own small businesses of various sizes attended an event in Cork yesterday in order to learn about the business supports provided by over 27 agencies of the State....

Companies Bill 2012: Report Stage (Resumed) and Final Stage (2 Apr 2014)

Seán Sherlock: I move amendment No. 243:In page 908, line 38, to delete "provision" and substitute "provision; and such a purchase may be so ordered notwithstanding anything in section 103".

Companies Bill 2012: Report Stage (Resumed) and Final Stage (2 Apr 2014)

Seán Sherlock: I move amendment No. 244:In page 909, between lines 38 and 39, to insert the following: “Application of section 1019 to PUCs and PULCs 1240. Section 1019 (official seal for sealing securities) shall apply to a PUC and a PULC as it applies to a PLC.".

Companies Bill 2012: Report Stage (Resumed) and Final Stage (2 Apr 2014)

Seán Sherlock: I move amendment No. 245:In page 911, line 36, to delete " "unlimited" " and substitute " "unlimited company" ".

Companies Bill 2012: Report Stage (Resumed) and Final Stage (2 Apr 2014)

Seán Sherlock: I move amendment No. 246:In page 913, between lines 17 and 18, to insert the following: "(3) Without prejudice to any contrary provision of— (a) the resolution for, or any other resolution relevant to, the reduction of company capital, or(b) the ULC’s or PUC’s constitution,a reserve arising from the reduction of a ULC’s or PUC’s company capital is to be...

Companies Bill 2012: Report Stage (Resumed) and Final Stage (2 Apr 2014)

Seán Sherlock: I move amendment No. 247:In page 913, line 27, to delete "Section 1086 shall apply to securities of a PUC or a PULC as it applies" and substitute "Sections 1085 to 1087 shall apply to securities of a PUC or a PULC as they apply".

Companies Bill 2012: Report Stage (Resumed) and Final Stage (2 Apr 2014)

Seán Sherlock: I move amendment No. 248:In page 914, to delete lines 11 and 12 and substitute the following: "(2) Such other persons— (a) being persons—(i) whom the directors admit to membership; or (ii) who are admitted to membership, pursuant to provisions that the constitution may contain in that behalf, whether provisions that—(I) provide a separate power to; or (II) supplement...

Companies Bill 2012: Report Stage (Resumed) and Final Stage (2 Apr 2014)

Seán Sherlock: I move amendment No. 249:In page 918, line 12, to delete "shall appear in typeset, and not written, form" and substitute ", and any date or dates thereon, shall appear in typeset form".

Companies Bill 2012: Report Stage (Resumed) and Final Stage (2 Apr 2014)

Seán Sherlock: I move amendment No. 250:In page 918, line 18, after "signature" to insert "or of a date".

Companies Bill 2012: Report Stage (Resumed) and Final Stage (2 Apr 2014)

Seán Sherlock: I move amendment No. 251:In page 920, line 10, to delete "licensed bank" where it firstly occurs and substitute "credit institution".

Companies Bill 2012: Report Stage (Resumed) and Final Stage (2 Apr 2014)

Seán Sherlock: I move amendment No. 252:In page 920, line 10, to delete "licensed bank" where it secondly occurs and substitute "credit institution".

Companies Bill 2012: Report Stage (Resumed) and Final Stage (2 Apr 2014)

Seán Sherlock: I move amendment No. 253:In page 925, line 19 to delete "provision." and substitute the following:"provision, and such a purchase may be so ordered notwithstanding anything in section 103.".

Companies Bill 2012: Report Stage (Resumed) and Final Stage (2 Apr 2014)

Seán Sherlock: I move amendment No. 254:In page 928, line 16, to delete "section 85(2)(b)" and substitute "section 85(2)".

Companies Bill 2012: Report Stage (Resumed) and Final Stage (2 Apr 2014)

Seán Sherlock: I move amendment No. 255:In page 937, line 1, after "limited," to insert "which is".The purpose of this amendment is to correct a typographical error to aid better interpretation.

Companies Bill 2012: Report Stage (Resumed) and Final Stage (2 Apr 2014)

Seán Sherlock: I move amendment No. 256:In page 941, line 8, to delete "shall appear in typeset, and not written, form" and substitute ", and any date or dates thereon, shall appear in typeset form".

Companies Bill 2012: Report Stage (Resumed) and Final Stage (2 Apr 2014)

Seán Sherlock: I move amendment No. 257:In page 941, line 15, after "signature" to insert "or of a date".

Companies Bill 2012: Report Stage (Resumed) and Final Stage (2 Apr 2014)

Seán Sherlock: I move amendment No. 258:In page 941, between lines 15 and 16, to insert the following: "(6) The documents and information referred to in subsection (2), and in subsection (3),other than paragraphs (a) and (b) of that subsection, shall be made available by the Registrar to the system of interconnection of registers. (7) For the purposes of communications between registers (through the...

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