Damien English (Meath West, Fine Gael) | Oireachtas source

The purpose of this amendment is to clarify that this section does not apply to an external company that could, by constitution, be either categorised as a private limited company or a designated activity company in this jurisdiction. The amendment provides a dispensation to an external company from having to used the words "limited", "LTD", "designated activity company" or "DAC" in their names. The purpose of this provision is to continue to enable external companies to carry out their business in Ireland. A similar dispensation was granted to industrial and provident societies in the Seanad on Committee Stage.