Results 20,701-20,720 of 32,583 for speaker:Richard Bruton

Seanad: Companies Bill 2012: Committee Stage (Resumed) (17 Jun 2014)

Richard Bruton: The purpose of these amendments is to provide for the modification of the definition of “International Accounting Standards, IAS, regulation” in the case of designated activity companies, PLCs, CLGs, PUCs and PULCs.

Seanad: Companies Bill 2012: Committee Stage (Resumed) (17 Jun 2014)

Richard Bruton: The purpose of these amendments is to correct an omission in the Bill as initiated. The amendments clarify, in accordance with European law, that a designated activity company or a company limited by guarantee cannot avail of the audit exemption if it falls within any provision of Schedule 5, namely, that it is a company that is an authorised market operator.

Seanad: Companies Bill 2012: Committee Stage (Resumed) (17 Jun 2014)

Richard Bruton: I am considering introducing an amendment on Report Stage to provide for the inclusion of a provision to reflect section 55 of the Companies Amendment Act 1983. This section concerns the requirement to publish certain matters in the CRO gazette. This was an unintended omission from the Bill as published. I am also considering introducing amendments on Report Stage to further refine the...

Seanad: Companies Bill 2012: Committee Stage (Resumed) (17 Jun 2014)

Richard Bruton: The purpose of this amendment is to allow the members to decide unanimously to waive the requirement for 21 days notice of the resolution and report.

Seanad: Companies Bill 2012: Committee Stage (Resumed) (17 Jun 2014)

Richard Bruton: The purpose of this amendment is to provide an express reference that an acquisition by a PLC of its own shares shall not be made, otherwise than in respect of those of them that are fully paid. This is in line with EU law and Directive 2012/30/EU.

Seanad: Companies Bill 2012: Committee Stage (Resumed) (17 Jun 2014)

Richard Bruton: This amendment is typographical in nature and involves the updating of the cross-references without a substantive impact on the Bill.

Seanad: Companies Bill 2012: Committee Stage (Resumed) (17 Jun 2014)

Richard Bruton: I am considering introducing an amendment to sections 872 and 873 on Report Stage. The purpose of these amendments is to clarify the position on fixed penalty notices. I am advised that the Office of Public Works believes there is a need to further refine and clarify the language of this section.

Seanad: Companies Bill 2012: Committee Stage (Resumed) (17 Jun 2014)

Richard Bruton: I am considering introducing amendments relating to Part 15 on Report Stage. The purpose of these amendments is to ensure that the supervisory authority, the IAASA, has the appropriate powers in regard to the qualification of liquidators as set out in section 633. Furthermore, I am considering introducing an amendment arising from a European Commission recommendation relating to third...

Seanad: Companies Bill 2012: Committee Stage (Resumed) (17 Jun 2014)

Richard Bruton: The purpose of the amendment is to transpose the necessary elements of Article 3 of Directive 212-17 of the European Union. The directive imposes an obligation on member states to link their companies' registers electronically with one another.

Seanad: Companies Bill 2012: Committee Stage (Resumed) (17 Jun 2014)

Richard Bruton: I am considering introducing amendments to section 905 on Report Stage. These amendments relate to the deletion of certain existing but uncommenced functions from the supervisory authority's remit.

Seanad: Companies Bill 2012: Committee Stage (Resumed) (17 Jun 2014)

Richard Bruton: The purpose of this amendment is to introduce greater clarity with regard to confidentiality of information. As the Bill stands, the operation of the section is problematic as it could lead to the restriction of the release of all information regardless of whether such information is confidential or not.

Seanad: Companies Bill 2012: Committee Stage (Resumed) (17 Jun 2014)

Richard Bruton: This amendment is typographical in nature and involves the insertion of a cross-reference. It does not have a substantive impact on the Bill.

Seanad: Companies Bill 2012: Committee Stage (Resumed) (17 Jun 2014)

Richard Bruton: I am considering introducing an amendment to this section on Report Stage. The purpose of the amendment is to change the reference from the Minister for Finance to the Minister for Public Expenditure and Reform and to reflect the reality that functions under the State Property Act 1954 transferred in July 2001 to the Minister for Public Expenditure and Reform under the Ministers and...

Seanad: Companies Bill 2012: Committee Stage (Resumed) (17 Jun 2014)

Richard Bruton: The purpose of these amendments is to make provision for the reduction of audit exemption criteria. It is a technical amendment which is required to complement the changes introduced by the Companies Bill 2013.

Seanad: Companies Bill 2012: Committee Stage (Resumed) (17 Jun 2014)

Richard Bruton: The purpose of this amendment is to remove the requirement for a person to pay a fee for a copy of an inspector's report to the court. A person should not have to pay a prescribed fee for a document that is deemed necessary for them to possess.

Seanad: Companies Bill 2012: Committee Stage (Resumed) (17 Jun 2014)

Richard Bruton: The purpose of this amendment is to update the Bill to include a reference to the Commissions of Investigation Act 2004. This section provides that any information, book or document relating to a company that has been obtained under certain sections of the Bill may be published or disclosed without the consent of the company if, in the opinion of the Director of Corporate Enforcement,...

Seanad: Companies Bill 2012: Committee Stage (Resumed) (17 Jun 2014)

Richard Bruton: This amendment is typographical in nature and involves the updating of a cross reference that is incorrect in the Bill.

Written Answers — Department of Jobs, Enterprise and Innovation: Employment Appeals Tribunal (17 Jun 2014)

Richard Bruton: The Employment Appeals Tribunal (EAT) is independent in the exercise of its quasi-judicial function and I have no direct involvement in its day to day operations. I am informed that once a determination of the Tribunal has been communicated to the parties concerned, the Tribunal then becomes functus officioand has no further function in the matter. As an independent body, the Tribunal is...

Written Answers — Department of Jobs, Enterprise and Innovation: Industrial Relations (17 Jun 2014)

Richard Bruton: I have previously received correspondence on behalf of the former employees in this case and note that a variety of complex issues, encompassing a number of employment rights statutes, are involved. I would point out that Ireland has a strong body of employment rights in which are set out the means for obtaining redress where an employment relationship has ended and an employee's rights have...

Written Answers — Department of Jobs, Enterprise and Innovation: Capital Programme Expenditure (17 Jun 2014)

Richard Bruton: I propose to take Questions Nos. 302 and 303 together. The Gross Exchequer Capital Allocation for 2014 for my Department is €442 million. This funding essentially supports capital programmes of a number of agencies operating under the aegis of my Department such as IDA Ireland, Enterprise Ireland, the Local Enterprise Offices, InterTrade Ireland, INTERREG, the National Standards...