Results 1,901-1,920 of 4,073 for speaker:Mary Mitchell O'Connor

Select Committee on Jobs, Enterprise and Innovation: Companies (Accounting) Bill 2016: Committee Stage (22 Nov 2016)

Mary Mitchell O'Connor: I move amendment No. 18:In page 24, to delete lines 32 to 36 and substitute the following:"(a) in subsection (2)—(i) by the insertion of the following paragraph after paragraph (a):"(aa) that other holding undertaking holds more than 90 per cent of the shares in the lower holding company and the remaining shareholders in, or members of, the lower holding company have approved the...

Select Committee on Jobs, Enterprise and Innovation: Companies (Accounting) Bill 2016: Committee Stage (22 Nov 2016)

Mary Mitchell O'Connor: I move amendment No. 19:In page 25, to delete lines 23 to 27 and substitute the following:"(a) in subsection (2)—(i) by the insertion of the following paragraph after paragraph (a):"(aa) that other holding undertaking holds more than 90 per cent of the shares in the lower holding company and the remaining shareholders in, or members of, the lower holding company have approved the...

Select Committee on Jobs, Enterprise and Innovation: Companies (Accounting) Bill 2016: Committee Stage (22 Nov 2016)

Mary Mitchell O'Connor: I move amendment No. 20:In page 28, line 23, to delete "for any reason". The section largely re-enacts the existing provisions of section 306 of the Companies Act 2014. Section 306 relates to the provisions on disclosure of directors' pay. The Bill replaces that section in its entirely rather than just amending it for two reasons. First, it allows us to update the title of the section in...

Select Committee on Jobs, Enterprise and Innovation: Companies (Accounting) Bill 2016: Committee Stage (22 Nov 2016)

Mary Mitchell O'Connor: I move amendment No. 21:In page 31, line 25, to delete "his or her" and substitute "that person's".

Select Committee on Jobs, Enterprise and Innovation: Companies (Accounting) Bill 2016: Committee Stage (22 Nov 2016)

Mary Mitchell O'Connor: I move amendment No. 22:In page 31, line 28, to delete "his or her" and substitute "that person's".

Select Committee on Jobs, Enterprise and Innovation: Companies (Accounting) Bill 2016: Committee Stage (22 Nov 2016)

Mary Mitchell O'Connor: I move amendment No. 23:In page 31, line 31, to delete "his or her" and substitute "that person's".

Select Committee on Jobs, Enterprise and Innovation: Companies (Accounting) Bill 2016: Committee Stage (22 Nov 2016)

Mary Mitchell O'Connor: I move amendment No. 24:In page 31, lines 32 and 33, to delete "his or her" and substitute "that person's".

Select Committee on Jobs, Enterprise and Innovation: Companies (Accounting) Bill 2016: Committee Stage (22 Nov 2016)

Mary Mitchell O'Connor: I move amendment No. 25:In page 32, to delete lines 21 to 23 and substitute the following:"(b) to the extent practicable, the impact of the change in accounting policy on the financial statements for the current financial year and on the financial statements of preceding years.".". The section amends section 321 of the Companies Act 2014. Section 321 relates to the disclosure by companies...

Select Committee on Jobs, Enterprise and Innovation: Companies (Accounting) Bill 2016: Committee Stage (22 Nov 2016)

Mary Mitchell O'Connor: I move amendment No. 26:In page 33, line 20, to delete ", until the contrary is proved,". The amendments propose to align in sections 40 and 45 the requirements of the directive. As Deputies will be aware, the Bill transposes the EU accounting directive. That directive provides that the financial statements of micro entities shall be regarded as giving a true and fair view. As a result,...

Select Committee on Jobs, Enterprise and Innovation: Companies (Accounting) Bill 2016: Committee Stage (22 Nov 2016)

Mary Mitchell O'Connor: I move amendment No. 27:In page 35, lines 24 and 25, to delete ", until the contrary is proved,".

Select Committee on Jobs, Enterprise and Innovation: Companies (Accounting) Bill 2016: Committee Stage (22 Nov 2016)

Mary Mitchell O'Connor: I am considering tabling amendments to section 78 on Report Stage. Since the publication of the Bill, it has come to my attention that the wording of sections 78A and 78B are not in line with each other. There may also be a need for more clarity in the wording to ensure that the policy intention is given effect. I am seeking the advice of the Parliamentary Counsel on these points and as a...

Select Committee on Jobs, Enterprise and Innovation: Companies (Accounting) Bill 2016: Committee Stage (22 Nov 2016)

Mary Mitchell O'Connor: I move amendment No. 28:In page 53, line 19, to delete “subsidiary company” and substitute “subsidiary”. Section 84 uses the phrase "subsidiary company" in three places. However, the rest of the Companies Act refers to the subsidiary companies as just subsidiary so I am proposing these amendments to delete the word "company" for consistency.

Select Committee on Jobs, Enterprise and Innovation: Companies (Accounting) Bill 2016: Committee Stage (22 Nov 2016)

Mary Mitchell O'Connor: I move amendment No. 29:In page 53, line 24, to delete “subsidiary company” and substitute “subsidiary”.

Select Committee on Jobs, Enterprise and Innovation: Companies (Accounting) Bill 2016: Committee Stage (22 Nov 2016)

Mary Mitchell O'Connor: I move amendment No. 30:In page 54, line 3, to delete “subsidiary company” and substitute “subsidiary”.

Select Committee on Jobs, Enterprise and Innovation: Companies (Accounting) Bill 2016: Committee Stage (22 Nov 2016)

Mary Mitchell O'Connor: I move amendment No. 31:In page 55, lines 26 and 27, to delete “11 months of the end” and substitute “11 months after the end”. I am proposing this amendment to clarify the time period companies have to file their country by country reports in the Companies Registration Office. They will have to file within 11 months after the end of their financial year.

Select Committee on Jobs, Enterprise and Innovation: Companies (Accounting) Bill 2016: Committee Stage (22 Nov 2016)

Mary Mitchell O'Connor: I am proposing to delete section 86. For drafting reasons the content of section 86 is being moved into a new section 96. Amendment No. 40 gives effect to this move and there is no change of substance.

Select Committee on Jobs, Enterprise and Innovation: Companies (Accounting) Bill 2016: Committee Stage (22 Nov 2016)

Mary Mitchell O'Connor: I move amendment No. 32:In page 57, to delete lines 24 and 25. The Bill inserts new Schedules into the Companies Act 2014. They replace the current Schedules in the Companies Act and separate the principles, form and content of financial statements for companies, small companies, micro-companies, groups and small groups. This approach is intended to make it easier for a business to...

Select Committee on Jobs, Enterprise and Innovation: Companies (Accounting) Bill 2016: Committee Stage (22 Nov 2016)

Mary Mitchell O'Connor: I move amendment No. 33:In page 58, between lines 17 and 18, to insert the following: “PART 3Amendment of section 117 of Principal Act 89. Section 117 of the Principal Act is amended, by the substitution of the following subsection for subsection (4):“(4) For the purposes of subsections (2) and (3)—(a) where the company prepares Companies Act entity financial statements,...

Select Committee on Jobs, Enterprise and Innovation: Companies (Accounting) Bill 2016: Committee Stage (22 Nov 2016)

Mary Mitchell O'Connor: I move amendment No. 34:In page 58, between lines 17 and 18, to insert the following: “Amendment of section 621 of Principal Act 90. Section 621 of the Principal Act is amended—(a) in subsection (2)(e), by the substitution of “to the extent that the company” for "save to the extent that the company”, and (b) in subsection (7)(b), by the substitution of...

Select Committee on Jobs, Enterprise and Innovation: Companies (Accounting) Bill 2016: Committee Stage (22 Nov 2016)

Mary Mitchell O'Connor: I move amendment No. 35:In page 58, between lines 17 and 18, to insert the following: “Amendment of section 633 of Principal Act 91. Section 633 of the Principal Act is amended by the substitution of the following subsection for subsection (4):“(4) In this section—‘liquidator’ includes provisional liquidator; ‘prescribed fee’ means a fee...