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Proposed Legislation.

Dáil Éireann Debate, Tuesday - 2 February 2010

Tuesday, 2 February 2010

Questions (74)

Emmet Stagg

Question:

157 Deputy Emmet Stagg asked the Tánaiste and Minister for Enterprise, Trade and Employment when she will publish the company law consolidation and reform Bill, as recommended by the company law reform group; and if she will make a statement on the matter. [4853/10]

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Written answers

The CLRG published its General Scheme of the Companies Consolidation and Reform Bill in July 2007. The Government subsequently approved the drafting of a Bill along the lines of the General Scheme. The proposed Bill will consolidate the existing Irish Companies Acts, dating from 1963 to 2009, as well as other regulations and common law provisions relating to the incorporation and operation of companies, into a single Act comprising more than 1,300 sections. Given its size and complexity it is envisaged that the Bill will not be published until October 2010 at the earliest.

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