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Dáil Éireann díospóireacht -
Thursday, 6 Feb 1969

Vol. 238 No. 4

Ceisteanna—Questions Oral Answers. - Shareholding of Irish Companies.

80.

asked the Minister for Industry and Commerce if he will introduce legislation so as to require of all Irish companies that a majority of shares be held by Irish citizens and thus limit the flow of capital profits of Irish resources out of the country.

I am satisfied that by far the greater part of current foreign investment here is beneficial to this country, and I do not propose to introduce legislation on the lines indicated by the Deputy.

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