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

Seán Sherlock: I move amendment No. 240:In page 904, line 32, to delete “Articles” and substitute “In the case of an ULC or PUC, articles”.

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...

Seanad: Friendly Societies and Industrial and Provident Societies (Miscellaneous Provisions) Bill 2013: Second Stage (2 Apr 2014)

Seán Sherlock: I am pleased to have this opportunity to address the House on the occasion of Second Stage of the Friendly Societies and Industrial and Provident Societies (Miscellaneous Provisions) Bill 2013. Publication of the Bill represents a partial response to the commitment we made in the programme for Government regarding co-operatives, when we said we would "work to promote a greater appreciation...

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

Seán Sherlock: I move amendment No. 192:In page 703, between lines 27 and 28, to insert the following:"Funding in respect of functions of Supervisory Authority under certain regulations 919. (1) In this section "public-interest entities" has the same meaning as in Regulation 3 of the 2010 Audits Regulations. (2) For the purposes specified in subsection (3), the Supervisory Authority may impose, with the...

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

Seán Sherlock: I move amendment No. 193:In page 704, lines 19 and 20, to delete "sections 915(2) and 917" and substitute " asections 915(2), 917 and 919".

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

Seán Sherlock: I move amendment No. 194:In page 732, between lines 20 and 21, to insert the following:"(d) the Insolvency Service of Ireland;".

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

Seán Sherlock: I move amendment No. 195:In page 732, to delete lines 33 to 35 and substitute the following:"(II) without prejudice to the generality of clause (1), in a case where the making of an application for a disqualification order in relation to a particular person in accordance with section 843(h) is contemplated, whether and to what extent the matters mentioned in section 844(3) apply in the...

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

Seán Sherlock: I move amendment No. 196:In page 732, to delete all words from and including "subsection (1)—" in line 36 down to and including "shall," in page 733, line 4 and substitute "subsection (1), an officer of the Revenue Commissioners shall,".

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

Seán Sherlock: I move amendment No. 197:In page 744, line 19, to delete "provision" and substitute "provision; and such a purchase may be so ordered notwithstanding anything in section 103".The purpose of the grouped amendments is clarification. Amendment No. 197 provides that a court order for the purchase of the designated activity company, or DAC, and the shares of any members of the DAC and the...

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

Seán Sherlock: I move amendment No. 198:In page 751, line 7, to delete "Section 1086 shall apply to securities of a DAC as it applies" and substitute "Sections 1085 to 1087 shall apply to securities of a DAC as they apply".The purpose of amendment No. 198 is to correct the incorrect reference to sections which apply to designated activity companies, companies limited by guarantee and public unlimited...

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

Seán Sherlock: I move amendment No. 199:In page 753, line 19, 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) (2 Apr 2014)

Seán Sherlock: I move amendment No. 200:In page 753, line 25, after "signature" to insert "or of a date".

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

Seán Sherlock: I move amendment No. 201:In page 755, line 21, to delete "licensed bank" where it firstly occurs and substitute "credit institution".

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

Seán Sherlock: I move amendment No. 202:In page 755, line 21, to delete "licensed bank" where it secondly occurs and substitute "credit institution".

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

Seán Sherlock: I move amendment No. 203:In page 758, between lines 29 and 30, to insert the following: " Voting by director in respect of contract, etc. in which director is interested Section 162(7) ".The purpose of the amendment is to disapply section 1627 from public limited companies. Subject to other provisions in the Bill, section 1067 allows directors of private limited companies to vote...

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

Seán Sherlock: I move amendment No. 204:In page 759, line 25, to delete "Europae" and substitute "Europaea". The purpose of the amendment is to correct a spelling error.

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

Seán Sherlock: I move amendment No. 205:In page 765, line 19, 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) (2 Apr 2014)

Seán Sherlock: I move amendment No. 206:In page 766, between lines 34 and 35, to insert the following:"Official seal for sealing securities 1019. (1) A PLC may have for use, for sealing—(a) securities issued by the company, and (b) documents creating or evidencing securities so issued, an official seal which is a facsimile of the common seal of the company with the addition on its face of the word...

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

Seán Sherlock: I move amendment No. 207:In page 767, between lines 10 and 11, to insert the following:"Provisions as to shares transferable by delivery (general prohibition and provision for certain letters of allotment) 1020. (1) The provisions of this section shall, in relation to a PLC, have effect in place of subsections (8) to (10) of section 67. (2) In this section— "bearer...

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

Seán Sherlock: I move amendment No. 208:In page 767, line 39, to delete "shares" and substitute "relevant securities".

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