Seán Sherlock (Cork East, Labour) | Oireachtas source

This amendment is effectively the same. The purpose of the amendment is to include the Insolvency Service of Ireland as one of the agencies in the list of bodies that may share information with the director. The purpose of the amendment is to ensure that the Insolvency Service of Ireland has the power to share information with the Director of Corporate Enforcement that it considers relevant to an investigation of the director.

It is foreseeable that there will be overlaps between the Insolvency Service of Ireland and the Office of the Director of Corporate Enforcement. For example, the two bodies may be dealing with the same individuals as directors of insolvent companies and as individuals subject to personal insolvency proceedings. The inclusion of the reference to the Insolvency Service of Ireland has necessitated the consequential reordering of the other clauses in the paragraph.