Andrew Doyle (Wicklow, Fine Gael)
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657. To ask the Minister for Justice and Equality further to Parliamentary Question No. 328 of 28 May 2013, the discussion he and officials in his Department have had to date regarding a proposal from the European Commission on a European Foundation; and if he will make a statement on the matter. [27114/13]

Alan Shatter (Dublin South, Fine Gael)
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A proposal for a Council Regulation on the Statute for a European Foundation was published by the European Commission on 8 February 2012. The proposal seeks to establish a new European legal form intended to facilitate the establishment and operations of foundations in the single European market. The proposal is currently under discussion at official level in the Competitiveness Council Working Party on Company Law.