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Seanad Éireann debate -
Thursday, 14 Apr 2005

Vol. 179 No. 22

Investment Funds, Companies and Miscellaneous Provisions Bill 2005: Order for Second Stage.

Bill entitled an Act to make provision in relation to collective investment undertakings of the kind known as "common contractual funds"; to amend Part XIII of the Companies Act 1990 and the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2003 (S.I. No. 211 of 2003); to make provision in relation to certain of the matters dealt with by acts adopted by institutions of the European Communities in the fields of insider trading and manipulation and other abuses of financial markets and in the field of offers to the public of securities or the admittance of securities to trading; to effect certain miscellaneous amendments to the Companies Acts 1963 to 2003; to increase the penalties for offences under the Prices Act 1958, the Restrictive Practices Act 1972 and certain enactments that relate to the protection of the consumer and to provide for related matters.

I move: "That Second Stage be taken today."

Question put and agreed to.
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