Results 9,721-9,740 of 13,254 for speaker:Seán Sherlock

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (Resumed) (6 Nov 2013)

Seán Sherlock: I am considering introducing amendments to Part 17 on Report Stage to provide for an unrestricted right to appoint a proxy in accordance with Directive 2007/36/EC and introducing a new section to this part. Section 230 of the 1990 Act has been omitted from the Bill but should be included. The section relates to the duty of the Stock Exchange in respect of unlawful purchases.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (Resumed) (6 Nov 2013)

Seán Sherlock: I move amendment No. 116: In page 785, lines 19 and 20, to delete “Article 1(13) of Directive 93/22/EEC” and substitute the following:“point 14 of Article 4(1) of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments”.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (Resumed) (6 Nov 2013)

Seán Sherlock: The amendment updates the reference to the correct directive and brings the language of the Bill in line with Directive 2004/39/EC on markets in financial instruments.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (Resumed) (6 Nov 2013)

Seán Sherlock: I move amendment No. 117: In page 785, to delete lines 21 to 24 and substitute the following:“ “securities” means transferable securities as defined in point 18 of Article 4(1) of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments, with the exception of money market instruments as defined in point 19 of...

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (Resumed) (6 Nov 2013)

Seán Sherlock: I move amendment No. 118: In page 786, line 34, column 1, after “State” to insert “and prohibition of certain activities”.

Seanad: Adjournment Matters: Flood Relief Schemes Funding (5 Nov 2013)

Seán Sherlock: I thank Senator O'Donovan for raising this issue. A flood relief scheme for the town of Skibbereen is being advanced by Cork County Council, as the contracting authority, in partnership with the OPW, which is providing the funding. The development and progression of the scheme is being overseen by a steering committee with representatives of the council, the OPW and RPS, the engineering...

Seanad: Adjournment Matters: Flood Relief Schemes Funding (5 Nov 2013)

Seán Sherlock: I thank the Senator.

Seanad: Adjournment Matters: Credit Unions (5 Nov 2013)

Seán Sherlock: The Central Bank is responsible for the regulation and supervision of credit unions. That role includes the implementation of resolution action under the Central Bank and Credit Institutions (Resolution) Act 2011, where required. On 13 January 2012, the Central Bank of Ireland secured a High Court order for the appointment of a special manager to Newbridge credit union. Further High Court...

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Seán Sherlock: With the permission of the Chair, may I comment? Members raised questions during the course of the discussion and we will seek to have the answers to them tomorrow or the day after. Please ensure I revert to members.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Seán Sherlock: I am considering tabling an amendment to section 884(2) on Report Stage. The purpose of this amendment would be to correct the reference to subsection (1).

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Seán Sherlock: I propose to table an amendment to section 886 on Report Stage. The purpose of that amendment will be to further clarify the relationship between legal professional privilege and section 448.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Seán Sherlock: I move amendment No. 109: In page 717, line 22, to delete “kept by the Registrar” and substitute “which has been received and recorded by the Registrar in pursuance of this Act”.The purpose of this amendment is to clarify that the Companies Registration Office is only obliged to provide documents for inspection that it has received and recorded.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Seán Sherlock: I propose to table an amendment on Report Stage to introduce new subsections to provide for the transposition of the necessary elements of Article 3 of Directive 2012/17/EU, which concerns the interconnection of registers between EEA states.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Seán Sherlock: I propose on Report Stage to table an amendment dealing with the archiving of documents. The purpose of the amendment is to assist the Companies Registration Office and the National Archives of Ireland, and to align the Bill with current practice.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Seán Sherlock: I will give a brief explanation of section 902, which is a new section. It contains transitional provisions relating to the Irish Auditing and Accounting Supervisory Authority or IAASA, provides for the continuance of the IAASA and the preservation of its membership except in so far as it is changed by section 903 and other provisions allowing for termination, change and an increase of its...

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Seán Sherlock: They are there, as I understand it.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Seán Sherlock: There is a discretion on the part of the Minister to nominate business users.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Seán Sherlock: It would be rare to have a Minister for Jobs, Enterprise and Innovation who is not business friendly. Let us be honest about it.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Seán Sherlock: Government policy at present, as members know, is to reduce the number of people on boards, which is pertinent in terms of the public purse. We can take the matter back to the Minister, Deputy Bruton. There is no problem in having another look at it, with the Chairman's agreement.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Seán Sherlock: I acknowledge the point made by the Deputy.