Results 421-440 of 1,279 for speaker:Michael Ahern

Investment Funds, Companies and Miscellaneous Provisions Bill 2006 [Seanad]: Report and Final Stages (14 Dec 2006)

Michael Ahern: I move amendment No. 8: In page 6, between lines 7 and 8, to insert the following: "7.—(1) The amendments effected by section 6 shall apply as respects— (a) a financial year of a company that commences not earlier than the commencement of that section, and (b) subject to subsection (2), a financial year of a company that ends not earlier than 2 months after the commencement of that...

Investment Funds, Companies and Miscellaneous Provisions Bill 2006 [Seanad]: Report and Final Stages (14 Dec 2006)

Michael Ahern: I move amendment No. 9: In page 6, to delete lines 8 and 9. This amendment is essentially a technical amendment to remove a superfluous definition of the Act of 1990, as it is already defined in section 2 of the Bill. I commend it to the House.

Investment Funds, Companies and Miscellaneous Provisions Bill 2006 [Seanad]: Report and Final Stages (14 Dec 2006)

Michael Ahern: I move amendment No. 10: In page 8, between lines 39 and 40, to insert the following: "10.—The following section is substituted for section 45 of the Act of 2005: 45.—(1) The prohibition in subsection (2) only applies in relation to a prospectus if EU prospectus law requires the inclusion in the prospectus of a statement of the kind referred to in paragraph (b) of that subsection. (2) A...

Investment Funds, Companies and Miscellaneous Provisions Bill 2006 [Seanad]: Report and Final Stages (14 Dec 2006)

Michael Ahern: I move amendment No. 11: In page 8, between lines 39 and 40, to insert the following: "11.—The Act of 2005 is amended— (a) in section 38, by inserting the following subsection after subsection (3): "(3A) Without limiting the meaning of that expression in any other context in which it is used in this Part, "statement" in section 45(2) (other than paragraph (b) thereof) and any other...

Investment Funds, Companies and Miscellaneous Provisions Bill 2006 [Seanad]: Report and Final Stages (14 Dec 2006)

Michael Ahern: I move amendment No. 12: In page 8, between lines 39 and 40, to insert the following: "12.—Section 9(2) of the Companies (Auditing and Accounting) Act 2003 is amended by inserting the following paragraph after paragraph (m): "(ma) to perform the functions conferred on it by transparency (regulated markets) law (within the meaning of Part 3 of the Investment Funds, Companies and...

Investment Funds, Companies and Miscellaneous Provisions Bill 2006 [Seanad]: Report and Final Stages (14 Dec 2006)

Michael Ahern: The question of competitiveness has raised its head. In the past year or so, Vice President Günter Verheugen of the European Commission has published a paper calling for a 25% reduction in regulation. I do not know to what degree that proposal has been developed, but it is concentrating the minds of Commissioners.

Investment Funds, Companies and Miscellaneous Provisions Bill 2006 [Seanad]: Report and Final Stages (14 Dec 2006)

Michael Ahern: At a meeting, Commissioner Verheugen wondered why strange regulations, such as those regarding straight bananas, were being made. He went on to say that people are trying to justify their existence. Deputy Hogan raised an important issue. We want to reduce the burden of compliance and section 6 goes a long way towards doing so. The Financial Regulator and the IAASA will operate in this...

Investment Funds, Companies and Miscellaneous Provisions Bill 2006 [Seanad]: Report and Final Stages (14 Dec 2006)

Michael Ahern: I support the Minister 100%. I thank all Deputies who partook in the debate.

Investment Funds, Companies and Miscellaneous Provisions Bill 2006 [Seanad]: Report and Final Stages (14 Dec 2006)

Michael Ahern: Are there more sections?

Investment Funds, Companies and Miscellaneous Provisions Bill 2006 [Seanad]: Report and Final Stages (14 Dec 2006)

Michael Ahern: I was jumping the gun.

Investment Funds, Companies and Miscellaneous Provisions Bill 2006 [Seanad]: Report and Final Stages (14 Dec 2006)

Michael Ahern: I move amendment No. 13: In page 8, between lines 39 and 40, to insert the following: "13.—Section 10 of the Companies (Auditing and Accounting) Act 2003 is amended— (a) in subsection (4)— (i) in paragraph (a), by substituting "section," for "section, or", (ii) in paragraph (b), by substituting "recognition of that body, or" for "recognition of that body,", (iii) by inserting the...

Investment Funds, Companies and Miscellaneous Provisions Bill 2006 [Seanad]: Report and Final Stages (14 Dec 2006)

Michael Ahern: I move amendment No. 14: In page 8, between lines 39 and 40, to insert the following: "14.—Section 29 of the Companies (Auditing and Accounting) Act 2003 is amended by substituting the following subsection for subsection (7): "(7) On application under subsection (4) of section 10 for an order compelling compliance with— (a) a rule adopted or guideline issued by the Supervisory Authority,...

Investment Funds, Companies and Miscellaneous Provisions Bill 2006 [Seanad]: Report and Final Stages (14 Dec 2006)

Michael Ahern: I move amendment No. 15: In page 8, to delete lines 43 to 45 and in page 9, to delete lines 1 to 7.

Investment Funds, Companies and Miscellaneous Provisions Bill 2006 [Seanad]: Report and Final Stages (14 Dec 2006)

Michael Ahern: I move amendment No. 16: In page 9, line 16, to delete ""Transparency (regulated markets) law"" and substitute ""transparency (regulated markets) law"".

Investment Funds, Companies and Miscellaneous Provisions Bill 2006 [Seanad]: Report and Final Stages (14 Dec 2006)

Michael Ahern: I move amendment No. 17: In page 10, lines 20 to 21, to delete "Transparency (regulated markets) law" and substitute "transparency (regulated markets) law".

Investment Funds, Companies and Miscellaneous Provisions Bill 2006 [Seanad]: Report and Final Stages (14 Dec 2006)

Michael Ahern: I move amendment No. 18: In page 10, lines 42 and 43, to delete "Transparency (regulated markets) law" and substitute "transparency (regulated markets) law".

Investment Funds, Companies and Miscellaneous Provisions Bill 2006 [Seanad]: Report and Final Stages (14 Dec 2006)

Michael Ahern: I move amendment No. 19: In page 11, lines 4 and 5, to delete "Transparency (regulated markets) law" and substitute "transparency (regulated markets) law".

Investment Funds, Companies and Miscellaneous Provisions Bill 2006 [Seanad]: Report and Final Stages (14 Dec 2006)

Michael Ahern: I move amendment No. 20: In page 11, lines 10 and 11, to delete "Transparency (regulated markets) law" and substitute "transparency (regulated markets) law".

Investment Funds, Companies and Miscellaneous Provisions Bill 2006 [Seanad]: Report and Final Stages (14 Dec 2006)

Michael Ahern: I move amendment No. 21: In page 11, line 13, to delete "Transparency (regulated markets) law" and substitute "transparency (regulated markets) law".

Investment Funds, Companies and Miscellaneous Provisions Bill 2006 [Seanad]: Report and Final Stages (14 Dec 2006)

Michael Ahern: I move amendment No. 22: In page 11, lines 20 and 21, to delete "Transparency (regulated markets) law" and substitute "transparency (regulated markets) law".