Seanad debates
Tuesday, 30 September 2014
Companies Bill 2012: Report and Final Stages
4:35 pm
Damien English (Meath West, Fine Gael) | Oireachtas source
The purpose of this amendment is to make this provision permissive rather than mandatory for companies. The advantage of this amendment is that a company can choose to grant unlimited authority to a person to act on behalf of the company and, if they do so, they will notify the Companies Registration Office. There was concern that making it mandatory would create unnecessary additional administrative burdens on both companies and on the CRO.
No comments