Seanad debates
Tuesday, 26 April 2005
Investment Funds, Companies and Miscellaneous Provisions Bill 2005: Committee and Remaining Stages.
3:00 pm
Michael Ahern (Cork East, Fianna Fail)
Section 6(2) clarifies the meaning of references to "a management company" and "a custodian". Any reference to "a management company" is construed as a reference to the person in whom the powers of management relating to property of the fund are invested. Any reference to "a custodian" relates to a person in whom such property is entrusted for safe keeping.
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