Seanad debates
Tuesday, 19 November 2013
Companies (Miscellaneous Provisions) Bill 2013: Committee Stage
Government amendment No. 6: In page 4, to delete line 27 and substitute the following:“(2) The Companies (Amendment) Act 1990 is further amended—(a) by repealing section 3(9), and (b) in section 4, by adding the following subsections after subsection (8)—“(9) The Circuit Court shall only have jurisdiction to make an order referred to in subsection (1)(a) or (b) if the related company is a company that, in respect of the latest financial year of it that has ended prior to the relevant time referred to in subsection (1), fell to be treated as a small company by virtue of section 8 or 9 of the Companies (Amendment) Act 1986. (10) For the purposes of subsection (9), if the latest financial year of the company concerned ended within 3 months prior to the relevant time referred to in subsection (1), the reference in subsection (9) to the latest financial year of the company shall be construed as a reference to the financial year of the company that preceded its latest financial year (but that reference shall only be so construed if that preceding financial year ended no more than 15 months prior to the relevant time referred to in subsection (1)).”.”.
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