Results 9,381-9,400 of 13,254 for speaker:Seán Sherlock

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 150:In page 381, to delete lines 17 and 18 and substitute the following:“(a) Form 60, 60A or 60B set out in the Schedule of Forms to the Land Registration Rules 2012 (S.I. No. 483 of 2012) as amended by the Land Registration Rules 2013 (S.I. No. 389 of 2013), or”.The purpose of the amendment is to address any ambiguity there might be as regards the...

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 80:In page 233, to delete lines 34 and 35 and substitute the following:“(10) Any reference in this section to a contract —(a) shall be read as excluding a reference to a contract the decision as to whether to enter into it is taken, or falls to be taken, other than by the board of directors or a committee of which the first-mentioned director in subsection...

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 82:In page 240, line 32, to delete “private company limited by shares ” and substitute “company formed and registered under this Act or an existing company”.The purpose of this amendment is to provide clarification. The wording as it currently stands is misleading in the context of the overall approach and layout of the Bill and suggests,...

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 83:In page 242, to delete lines 8 to 10 and substitute the following:“(b) the amount of a company’s relevant assets shall be determined in accordance with section 239(2); and (c) there shall not be reckoned any arrangement entered into in accordance with the Summary Approval Procedure.”.The purpose of this amendment is to provide exemptions in regard...

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 84:In page 245, between lines 37 and 38, to insert the following:“(7) No approval is required to be given under this section by any body corporate unless it is a company formed and registered under this Act, an existing company or a wholly owned subsidiary of a body corporate.”.The purpose of this amendment is to correct an omission. The amendment provides...

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I am given to understand that a company's tax compliance can be checked out with the Revenue Commissioners, but the Chair may correct me on that. We do not support the amendment, but I believe compliance can be checked.

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: Perhaps we can provide some clarification on that. This is not a logical inclusion in a company's financial statements, but the Deputy may have alluded to this in his statement defending the amendment. Financial statements relate to the companies financial performance, not to its tax obligations. Fiscal accounting addresses tax obligations. If the Government was to consider a requirement...

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 86:In page 270, line 26, after “company’s” to insert “entity”.

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 87:In page 273, lines 30 and 31, to delete “a record of all goods purchased, and of all goods sold (except those sold by way of ordinary retail trade)” and substitute “a record of all transactions whereby goods are purchased and whereby goods are sold”.The purpose of these amendments is to make certain that all transactions must be recorded in...

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 88:In page 274, line 2, to delete “of the services provided or purchased” and substitute “of all transactions whereby services are provided and whereby services are purchased”.

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 61:In page 170, line 19, to delete “In the case of” and substitute “Subject to subsection (1), in the case of”.

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 62:In page 175, to delete lines 8 and 9 and substitute the following:“(iii) in the case of a married person or civil partner, the name or surname by which he or she was known previously to his or her marriage or civil partnership.”.The purpose of the further amendment to this section is to make provision for a married person or civil partner and by making...

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 63:In page 176, between lines 11 and 12, to insert the following:“(9) If a person appointed a director of a company before the commencement of this section has, subsequent to his or her appointment but before that commencement, become disqualified under the law of another state (whether pursuant to an order of a judge or a tribunal or otherwise) from being...

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 64:In page 180, line 4, after “tax” to insert “or the universal social charge”.The purpose of these amendments is to insert a reference to the universal social charge, USC. As the Bill stands, there is a prohibition on the payment of remuneration to a director free of income tax. It is, however, silent regarding the USC. It is proposed this...

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 65:In page 180, line 14, after “tax” to insert “and the universal social charge”.

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 66:In page 180, between lines 32 and 33, to insert the following:“(3) Without prejudice to the generality of that subsection, subsection (1) operates to enable, subject to a limitation (if any) arising under any of paragraphs (a) to (c) of it, the directors of the company to exercise all powers of the company to borrow money and to mortgage or charge its...

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 67:In page 182, to delete lines 31 to 34 and substitute the following:“162. (1) A resolution in writing signed by all the directors of a company, or by all the members of a committee of them, and who are for the time being entitled to receive notice of a meeting of the directors or, as the case may be, of such a committee, shall be as valid as if it had been passed...

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 68:In page 189, line 29, to delete “subsections (1) and (2)” and substitute “subsections (1) and (3)”.

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 69:In page 189, lines 31 and 32, to delete “subsection (3)” and substitute “subsection (4)”.

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 70:In page 194, line 6, after “company” to insert “(being a bankrupt member who is entitled to vote at the meeting)”.The purpose of this amendment is for clarification. Again, notice of every general meeting shall be given to the assignee in bankruptcy of a bankrupt member of the company, that is to say, a bankrupt member who is entitled to...