Seanad debates
Friday, 6 November 2020
Investment Limited Partnerships (Amendment) Bill 2020: Report and Final Stages
9:30 am
Alice-Mary Higgins (Independent) | Oireachtas source
I will come to the 25% issue in a moment; it is dealt with in a separate set of amendments. In that circumstance, there may be a number of beneficial owners in respect of a company or investor.
My wider concern is about the disappearance of the limited partners and the fact that the limited owners may effectively be in that corporate space. I think it would be better if a person were identified for each investor in that context. That would be the natural follow-through on it. Perhaps that can be looked at in the Dáil. I accept the Minister of State's bona fides on this matter. I still feel the problem is there, but I feel that my amendments might not address it in the right way and so I will withdraw my amendment.
No comments