Seanad debates
Tuesday, 30 September 2014
Companies Bill 2012: Report and Final Stages
Government amendment No. 14: In page 104, between lines 33 and 34, to insert the following:"(10) The procedures under this section may be followed, after consultation by the company with the relevant Minister, by an existing private company that has been incorporated under a former enactment relating to companies (within the meaning of section 5) pursuant to, or in compliance with a requirement of, any statute (in subsection (11)referred to as the "relevant statute") and may be so followed notwithstanding that statute but-(a) the provisions otherwise of that statute (and any other relevant statute) shall apply to the designated activity company that the foregoing company re-registers as under this section as they apply to the foregoing company before such re-registration; and (b) if the foregoing company is a company to which section 1436applies, the provision made by subsection (1)requiring the substitution of certain words in its name shall be taken to be omitted from that subsection.(11) In subsection (10)"relevant Minister" means the Minister of the Government concerned in the administration of the relevant statute.".
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