Seanad debates

Tuesday, 17 June 2014

Companies Bill 2012: Committee Stage (Resumed)

 

Government amendment No. 182: In page 1031, between lines 26 and 27, to insert the following: "Assurance company holding shares in its holding company 1437.In the case of—(a) a designated activity company, (b) a public limited company, or (c) an unlimited company,that is an assurance company within the meaning of section 62 of the Insurance Act 1989, neither section 113nor section 114, other than subsection (2)(b)(i), shall apply to shares subscribed for, purchased or held by it in its holding company pursuant to that section 62.".

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