Seanad debates

Tuesday, 30 September 2014

Companies Bill 2012: Report and Final Stages

 

4:55 pm

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

The purpose of these amendments is to cater for the consequences of a merger on leasehold property legally classified as chattels real or immovable property. The language of the provision has been improved in order to increase certainty with respect to the property transactions and, thus, to reduce the paperwork and costs to businesses associated with the merger.

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