Committee Reports::Report and Proceedings - Companies Bill, 1962::20 November, 1963::Proceedings of the Joint Committee

IMEACHTAÍ AN CHOISTE SPEISIALTA.

PROCEEDINGS OF THE SPECIAL COMMITTEE.

Dé Céadaoin, 20 Samhain, 1963.

Wednesday, 20th November, 1963.

1. Chruinnigh an Coiste ar 7 p.m.


2. Comhaltaí i Láthair.


Bhí na comhaltaí seo a leanas i láthair:—


Na Seanadóirí Ó Deasmhumhnaigh, Mac Giolla Phádraig, Mac Loingsigh, de Nais, de Ros agus Ó Riain.


3. Cathaoirleach a Thoghadh.


Rinneadh tairiscint (An Seanadóir Mac Giolla Phádraig):


“That Senator Ryan be Chairman of the Committee.”


Cuireadh agus aontaíodh an Cheist.


Chuaigh an Seanadóir Ó Riain i gCeannas an Choiste dá réir sin.


4. Breithniú an Bhille.


Chrom an Coiste ar an mBille a bhreithniú.


(i) Aontaíodh ailt 1 go 28 go huile.


(ii) Alt 29.


Tairgeadh leasú ón Rialtas ón gCathaoir:


“In subsection (1), page 31, after ‘Act’ in line 51 to add ‘of the Oireachtas’ and to delete ‘an’ in line 54 and substitute ‘such’.”


Aontaíodh an leasú.


Aontaíodh an t-alt, mar a leasaíodh.


(iii) Aontaíodh ailt 30 go 157 go huile.


(iv) Alt 158.


Tairgeadh leasú ón Rialtas ón gCathaoir:


“In page 94, between lines 32 and 33, to insert a new subsection as follows:


‘(6) Subsections (4) and (5) shall not apply to a company, formed by direction of an Act of the Oireachtas of Saorstát Éireann or of the Oireachtas, the principal objects of which include the acquisition and underwriting of shares or other securities of companies carrying on a trade or industry in the State’.”


Leasaíodh an leasú, faoi chead, ionas gur mar seo a leanas a léifidh sé:


“In page 94, before subsection (6) to insert a new subsection as follows:


‘(6) Subsections (4) and (5) shall not apply to a company which is principally engaged in the acquisition and underwriting of shares or other securities of companies carrying on a trade or industry in the State and which holds a certificate of exemption issued by the Minister from the requirements of those subsections.’”


Aontaíodh an leasú, mar a leasaíodh.


(v) Aontaíodh ailt 159 go 189 go huile.


(vi) Alt 190.


Tairgeadh leasú (An Seanadóir de Ros):


“In subsection (11), page 110, paragraph (c), subparagraph (ii) to delete ‘is’ in line 58 and substitute ‘or his spouse or any child of his or any person or persons holding in trust for him or them or any of them are’.”


Tarraingíodh siar an leasú, faoi chead.


Aontaíodh an t-alt.


(vii) Aontaíodh ailt 191, 192 agus 193.


(viii) Alt 194.


Tairgeadh leasú (An Seanadóir Mac Giolla Phádraig):


“In subsection (3), page 114, line 35, after ‘director’ to insert ‘and published in the next ensuing statutory report of the directors’.”


Tarraingíodh siar an leasú, faoi chead.


Tairgeadh leasú ón Rialtas ón gCathaoir:


“Before subsection (5) to insert the following new subsection inserted:


‘(5) (a) A copy of every declaration made and notice given in pursuance of this section shall, within 3 days after the making or giving thereof, be entered in a book kept for this purpose. Such book shall be open for inspection without charge by any director, secretary, auditor or member of the company at the registered office of the company and shall be produced at every general meeting of the company, and at any meeting of the directors if any director so requests in sufficient time to enable the book to be available at the meeting.


(b) If a company fails to comply with this subsection the company and every officer of the company who is in default shall be liable to a fine not exceeding £100 and if any inspection or production required there-under is refused, the court may by order compel an immediate inspection or production.’”


Aontaíodh an leasú.


Aontaíodh an t-alt, mar a leasaíodh.


(ix) Aontaíodh ailt 195 go 200 go huile.


Cuireadh breithniú breise ar an mBille ar athló.


5. Athlá.


Chuaigh an Coiste ar athló ar 9.15 p.m. go dtí 4.30 p.m., Dé Céadaoin, 27 Samhain, 1963.