Results 9,261-9,280 of 13,254 for speaker:Seán Sherlock

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

Seán Sherlock: I move amendment No. 209:In page 768, line 1, to delete "shares" and substitute "relevant securities".

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

Seán Sherlock: I move amendment No. 210:In page 768, between lines 7 and 8, to insert the following:"(8) Any director of a PLC who knowingly contravenes, or knowingly permits or authorises a contravention of, a preceding provision of this section shall be guilty of a category 3 offence.". The purpose of the amendment is to create a category 3 offence in circumstances where any director of a public limited...

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

Seán Sherlock: I move amendment No. 211:In page 768, line 33, to delete "other".The purposes of this group of amendments is to maintain existing law. Section 23(1)(a) of the Companies (Amendment) Act 1983 uses the expression "same or more favourable" in relation to pre-emption rights that may be enjoyed by the members of the company. Second, the amendments reduce the offer period for peremptory offers from...

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

Seán Sherlock: I move amendment No. 176:In page 586, line 39, to delete “30 days” and substitute “3 months”. The purpose of the amendment is to extend the time period of validity for the Revenue Commissioners' letter of no objection in a voluntary strike off.

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

Seán Sherlock: I move amendment No. 177:In page 602, line 18, to delete “licensed bank” and substitute “credit institution”.

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

Seán Sherlock: I move amendment No. 178:In page 603, line 5, to delete “section 749(1)” and substitute “section 748(1) or 749(1)”.

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

Seán Sherlock: I move amendment No. 179:In page 603, line 6, to delete “under this Part” and substitute “by virtue of the performance by him or her of functions (whether under this Part or otherwise)”.The purpose of the amendment is to clarify that the Director of Corporate Enforcement may obtain information or documents in the exercise of his or her functions under the law.

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

Seán Sherlock: I move amendment No. 180:In page 612, line 12, after “been” to insert “, are”.The purpose of the amendment is to correct an error and reflect the existing law by inserting the word ", are" after the word "been".

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

Seán Sherlock: I move amendment No. 181:In page 625, between lines 36 and 37, to insert the following:“(g) the Revenue Commissioners;”.The purpose of the amendment is to include the Revenue Commissioners in the list of competent authorities that any information, book or document relating to a company that has been obtained under sections 779 to 781, 784 or 788 may be disclosed without the...

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

Seán Sherlock: I respect that the Deputy raised this matter in some detail on Committee Stage when we opposed the amendment. The staffing needs of the offices of my Department are kept under constant review, including through participation in the workforce planning process initiated by the Department of Public Expenditure and Reform in 2012. That process required all areas of my Department to provide...

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

Seán Sherlock: The Deputy will be aware that there is a transition period of 18 months and there will also be an appropriate commencement period. I am confident those involved in all the agencies across my Department will be well equipped when the time comes to get the message out. The Companies Registration Office is well under way in terms of planning the information campaign and all the inherent...

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

Seán Sherlock: I move amendment No. 183:In page 654, after line 41, to insert the following:“(5) This section shall also apply to the additional case that, by virtue of subsection (9) of section 151, subsection (1) of section 151 applies to. (6) For the purposes of the application of this section to the foregoing additional case, this section shall have effect subject to the following...

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

Seán Sherlock: I move amendment No. 184:In page 673, to delete lines 15 to 17 and substitute the following:“(b) section 791; or (c) section 877.”.The purpose of this amendment is to remove the reference to the offence under section 878. As the Bill stands, the reference to section 878 is contradictory as the offence of destruction, mutilation or falsification of any book or document can only...

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

Seán Sherlock: I move amendment No. 185:In page 673, lines 18 and 19, to delete “section 786, 791, 877 or 878'” and substitute “section 786, 791 or 877'”.

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

Seán Sherlock: I move amendment No. 186:In page 673, line 37, to delete “fine not exceeding €1,000” and substitute “class D fine”.The function of this amendment is to take account of the fact that "not exceeding €1,000" fine formulations are now dealt with by the “class D" fine in the Fines Act 2010. This section provides that if the contravention in respect...

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

Seán Sherlock: I move amendment No. 187:In page 678, line 13, to delete “such” and substitute “such book or”.The purpose of this amendment is to correct a missing reference in section 878(1)(b) that ought to read "book or document". The section provides a category offence for the destruction, mutilation and falsification of a book or document affecting or relating to the...

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

Seán Sherlock: I move amendment No. 188:In page 681, line 2, to delete “subsection (2)” and substitute “subsection (1)”.

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

Seán Sherlock: I move amendment No. 189:In page 682, line 35, to delete “section 725” and substitute “section 448 or 725”.

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

Seán Sherlock: I move amendment No. 190:In page 688, between lines 13 and 14, to insert the following:“(3) For the purposes of communications between registers through the system of interconnection of registers, the Registrar shall assign to each company a unique identifier which shall include elements to identify the company as a company in the State, to identify the number assigned to the company...

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

Seán Sherlock: I move amendment No. 191:In page 688, to delete lines 32 to 35 and substitute the following:“Disposal of documents filed with Registrar 895. (1) The Registrar may, as respects any document that has (whether pursuant to this Act or the prior Companies Acts) been received and recorded by the Registrar, destroy the document if the following conditions are satisfied—(a) 6 or more...