Seanad debates

Tuesday, 19 November 2013

Companies (Miscellaneous Provisions) Bill 2013: Committee Stage

 

6:40 pm

Photo of Denis O'DonovanDenis O'Donovan (Fianna Fail) | Oireachtas source

Does the remit of the Bill or the section apply to the co-operative societies? Will the Minister of State please excuse my ignorance in this regard as I am not an accountant and have not dealt in that regard with co-operatives. I know the importance of co-operatives to Irish society. Is there a situation where a co-operative could go into receivership and where an examiner could be appointed to look at its affairs and, if so, what are the implications? If it is not too brazen a question to ask, is it possible, that on Report Stage a suitable amendment to cover that eventuality could be entertained in the Bill?

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