Skip to main content Accessibility help
×
Hostname: page-component-cd9895bd7-jn8rn Total loading time: 0 Render date: 2024-12-25T22:44:16.402Z Has data issue: false hasContentIssue false

14 - Ireland

from Part II - National reports for the EU Member States

Published online by Cambridge University Press:  05 June 2014

Ciarán Tansey
Affiliation:
William Fry
Dirk Van Gerven
Affiliation:
NautaDutilh, Brussels
Get access

Summary

Implementation and scope

The Second Company Law Directive (“the Directive”) was implemented, principally, in Ireland by the Companies (Amendment) Act 1983 (“the 1983 Act”). The amendments to the Directive, introduced by Directive 92/101/EEC of 23 November 1992, which were required to be implemented in Ireland, were transposed by the European Communities (Public Limited Companies Subsidiaries) Regulations 1997 (“the 1997 PLC Subsidiary Regulations”). The further amendments to the Directive introduced by Directive 2006/68/EC of 6 September 2006 were implemented in Ireland by the European Communities (Public Limited Companies – Directive 2006/68/EC) Regulations 2008 (“the 2008 PLC Regulations”). Further amendments to the Directive, introduced by Directive 2009/109/EC of 16 September 2009, were implemented in Ireland by the European Communities (Mergers and Division of Companies) Amendment Regulations 2011 (“the 2011 Mergers and Divisions Regulations”). Directive 2012/30/EU, which repealed and recast the provisions of the Directive to incorporate amendments made, did not need to be transposed in Ireland. The European Communities (Public Limited Companies) (Directive 2012/30/EU) Regulations 2012 confirmed that the 1997 PLC Subsidiary Regulations, the 2008 PLC Regulations and the 2011 Mergers and Divisions Regulations would remain as law in Ireland.

The scope of the Directive is limited to public limited liability companies (including companies re-registered as public limited companies), and in Ireland this means public companies limited by shares and public companies limited by guarantee and having a share capital (Art. 1(1) Dir.). However, the 1983 Act prohibited the formation of the latter public companies limited by guarantee and having a share capital (sec. 7 1983 Act) as and from 18 October 1983, and it required that any such company in existence on that date either had to re-register as a public limited company or as some other form of permitted company (sec. 13 and 16 1983 Act). On that basis, it is matters related to public limited companies (i.e., public companies limited by shares) which are covered by this chapter. Further, references to “company” in this chapter, unless otherwise specified, are to public limited companies.

Type
Chapter
Information
Capital Directive in Europe
The Rules on Incorporation and Capital of Limited Liability Companies
, pp. 416 - 450
Publisher: Cambridge University Press
Print publication year: 2014

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

  • Ireland
  • General editor Dirk Van Gerven
  • Book: Capital Directive in Europe
  • Online publication: 05 June 2014
  • Chapter DOI: https://doi.org/10.1017/CBO9781139031691.017
Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

  • Ireland
  • General editor Dirk Van Gerven
  • Book: Capital Directive in Europe
  • Online publication: 05 June 2014
  • Chapter DOI: https://doi.org/10.1017/CBO9781139031691.017
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Ireland
  • General editor Dirk Van Gerven
  • Book: Capital Directive in Europe
  • Online publication: 05 June 2014
  • Chapter DOI: https://doi.org/10.1017/CBO9781139031691.017
Available formats
×