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Sherlock, Sean

Tuesday, 25 March 2014

Dáil Éireann Debate
Vol. Nbr.


Companies Bill 2012: Order for Report Stage

I move: "That Report Stage be taken now."More Button

Companies Bill 2012: Report Stage

I move amendment No. 1:More Button

  Amendment agreed to.More Button

I move amendment No. 2:More Button

I assure the Deputy the new directive ensures all EU member states enabling electronic communication between business registers and transmitting information to individual users will do so in a stan...More Button

I hope I have covered them.More Button

  Amendment agreed to.More Button

  Amendment No. 3 not moved.More Button

Companies Bill 2012: Report Stage (Continued)

At the outset, I do not propose to support these amendments. This series of amendments proposes to insert the words "managed and controlled" into sections of the Bill. When one considers it, the ...More Button

As one Government Minister among many, we have spent considerable time over the past three years in travelling abroad and encouraging investment. I recently have returned from the mid-west of the ...More Button

I move amendment No. 5:More Button

  Amendment agreed to.More Button

I move amendment No. 7:More Button

Section 1081, as it stands, extends this obligation beyond existing law to where shares are purchased by a body corporate, which includes companies incorporated abroad. This amendment is in line w...More Button

  Amendment agreed to.More Button

I move amendment No. 8:More Button

  Amendment agreed to.More Button

I move amendment No. 9:More Button

  Amendment agreed to.More Button

I move amendment No. 10:More Button

  Amendment agreed to.More Button

I move amendment No. 11:More Button

  Amendment agreed to.More Button

I move amendment No. 12:More Button

  Amendment agreed to.More Button

I move amendment No. 13:More Button

  Amendment agreed to.More Button

I move amendment No. 14:More Button

  Amendment agreed to.More Button

I move amendment No. 15:More Button

  Amendment agreed to.More Button

I move amendment No. 16:More Button

  Amendment agreed to.More Button

I move amendment No. 17:More Button

  Amendment agreed to.More Button

I move amendment No. 18:More Button

  Amendment agreed to.More Button

I move amendment No. 19:More Button

  Amendment agreed to.More Button

I move amendment No. 20:More Button

  Amendment agreed to.More Button

I move amendment No. 21:More Button

  Amendment agreed to.More Button

I move amendment No. 22:More Button

  Amendment agreed to.More Button

I move amendment No. 23:More Button

  Amendment agreed to.More Button

I move amendment No. 24:More Button

  Amendment agreed to.More Button

I move amendment No. 25:More Button

  Amendment agreed to.More Button

I move amendment No. 26:More Button

  Amendment agreed to.More Button

I move amendment No. 27:More Button

  Amendment agreed to.More Button

I move amendment No. 28:More Button

  Amendment agreed to.More Button

I move amendment No. 29:More Button

  Amendment agreed to.More Button

I move amendment No. 30:More Button

  Amendment agreed to.More Button

I move amendment No. 31:More Button

  Amendment agreed to.More Button

I move amendment No. 32:More Button

  Amendment agreed to.More Button

I move amendment No. 33:More Button

  Amendment agreed to.More Button

I move amendment No. 34:More Button

  Amendment agreed to.More Button

I move amendment No. 35:More Button

  Amendment agreed to.More Button

I move amendment No. 36:More Button

  Amendment agreed to.More Button

I move amendment No. 37:More Button

  Amendment agreed to.More Button

I move amendment No. 38:More Button

  Amendment agreed to.More Button

I move amendment No. 39:More Button

  Amendment agreed to.More Button

I move amendment No. 40:More Button

  Amendment agreed to.More Button

I move amendment No. 41:More Button

  Amendment agreed to.More Button

I move amendment No. 42:More Button

  Amendment agreed to.More Button

I move amendment No. 43:More Button

  Amendment agreed to.More Button

I move amendment No. 44:More Button

  Amendment agreed to.More Button

I move amendment No. 45:More Button

  Amendment agreed to.More Button

I move amendment No. 46:More Button

  Amendment agreed to.More Button

I move amendment No. 47:More Button

  Amendment agreed to.More Button

I move amendment No. 48:More Button

  Amendment agreed to.More Button

I move amendment No. 49:More Button

  Amendment agreed to.More Button

I move amendment No. 50:More Button

  Amendment agreed to.More Button

I move amendment No. 51:More Button

  Amendment agreed to.More Button

I move amendment No. 52:More Button

  Amendment agreed to.More Button

I move amendment No. 53:More Button

  Amendment agreed to.More Button

I move amendment No. 54:More Button

  Amendment agreed to.More Button

The Deputy is taking a novel approach, which I admire, but I am not in favour of adopting these amendments. The Deputy's proposals impose unduly oppressive conditions on legitimate businesses. Th...More Button

The Deputy has not said anything with which I would disagree, in principle. There is no question about the importance of the protection of employees. However, the corpus of law that would deal wi...More Button

  Question, "That the words proposed to be deleted stand", put and agreed to.More Button

  Amendment declared lost.More Button

I move amendment No. 61:More Button

  Amendment agreed to.More Button

I move amendment No. 62:More Button

  Amendment agreed to.More Button

I move amendment No. 63:More Button

  Amendment agreed to.More Button

I move amendment No. 64:More Button

  Amendment agreed to.More Button

I move amendment No. 65:More Button

  Amendment agreed to.More Button

I move amendment No. 66:More Button

  Amendment agreed to.More Button

I move amendment No. 67:More Button

  Amendment agreed to.More Button

I move amendment No. 68:More Button

  Amendment agreed to.More Button

I move amendment No. 69:More Button

  Amendment agreed to.More Button

I move amendment No. 70:More Button

  Amendment agreed to.More Button

I move amendment No. 71:More Button

  Amendment agreed to.More Button

I move amendment No. 72:More Button

  Amendment agreed to.More Button

I move amendment No. 73:More Button

  Amendment agreed to.More Button

I move amendment No. 74:More Button

Amendment agreed to.More Button

  Amendments Nos. 75 to 77, inclusive, not moved.More Button

This section contains the form of directors' compliance statement as recommended by the company law review group. Having analysed the provisions contained in the 2003 Act, the group determined tha...More Button

A majority of the group, including members representing the Financial Regulator and other public bodies, agreed to a more balanced version of the statement.More Button

There is a strong EU impetus towards less unnecessary regulation to make EU businesses more competitive. This amendment would create unjustifiable and disproportionate costs on Irish businesses wi...More Button

I move amendment No. 80:More Button

  Amendment agreed to.More Button

  Amendment No. 81 not moved.More Button

I move amendment No. 82:More Button

  Amendment agreed to.More Button

I move amendment No. 83:More Button

  Amendment agreed to.More Button

I move amendment No. 84:More Button

  Amendment agreed to.More Button

I am given to understand that a company's tax compliance can be checked out with the Revenue Commissioners, but the Chair may correct me on that.

  We do not support the amendmen...More Button

Perhaps we can provide some clarification on that.More Button

This is not a logical inclusion in a company's financial statements, but the Deputy may have alluded to this in his statement defending the amendment. Financial statements relate to the company'...More Button

I move amendment No. 86:More Button

  Amendment agreed to.More Button

I move amendment No. 87:More Button

  Amendment agreed to.More Button

I move amendment No. 88:More Button

  Amendment agreed to.More Button

To be helpful, my intention was to suggest we should look into it.More Button

On the face of it, the amendment makes sense, but in the age of cloud computing and remote servers it would place an imposition on businesses because the amount of physical storage facilities they ...More Button

  Question, "That the words proposed to be deleted stand", put and declared carried.More Button

  Amendment declared lost.More Button

I move amendment No. 90:More Button

It is a "true and fair value."More Button

I have three people here who will back me up.More Button

  Amendment agreed to.More Button

I move amendment No. 91:More Button

  Amendment agreed to.More Button

I move amendment No. 92:More Button

  Amendment agreed to.More Button

I move amendment No. 93:More Button

  Amendment agreed to.More Button

I move amendment No. 94:More Button

  Amendment agreed to.More Button

I move amendment No. 95:More Button

  Amendment agreed to.More Button

I move amendment No. 96:More Button

  Amendment agreed to.More Button

I move amendment No. 97:More Button

  Amendment agreed to.More Button

I move amendment No. 98:More Button

  Amendment agreed to.More Button

I move amendment No. 99:More Button

  Amendment agreed to.More Button

I move amendment No. 100:More Button

  Amendment agreed to.More Button

I move amendment No. 101:More Button

  Amendment agreed to.More Button

I move amendment No. 102:More Button

  Amendment agreed to.More Button

I move amendment No. 103:More Button

  Amendment agreed to.More Button

I move amendment No. 104:More Button

  Amendment agreed to.More Button

I move amendment No. 105:More Button

  Amendment agreed to.More Button

I move amendment No. 106:More Button

  Amendment agreed to.More Button

I move amendment No. 107:More Button

  Amendment agreed to.More Button

I move amendment No. 108:More Button

  Amendment agreed to.More Button

I move amendment No. 109:More Button

  Amendment agreed to.More Button

I move amendment No. 110:More Button

  Amendment agreed to.More Button

I move amendment No. 111:More Button

  Amendment agreed to.More Button

I move amendment No. 112:More Button

  Amendment agreed to.More Button

I move amendment No. 113:More Button

  Amendment agreed to.More Button

I move amendment No. 114:More Button

  Amendment agreed to.More Button

I move amendment No. 115:More Button

  Amendment agreed to.More Button

I move amendment No. 116:More Button

  Amendment agreed to.More Button

I move amendment No. 117:More Button

  Amendment agreed to.More Button

I move amendment No. 118:More Button

  Amendment agreed to.More Button

I move amendment No. 119:More Button

  Amendment agreed to.More Button

I move amendment No. 120:More Button

  Amendment agreed to.More Button

I move amendment No. 121:More Button

  Amendment agreed to.More Button

I move amendment No. 122:More Button

  Amendment agreed to.More Button

I move amendment No. 123:More Button

  Amendment agreed to.More Button

I move amendment No. 124:More Button

  Amendment agreed to.More Button

I move amendment No. 125:More Button

  Amendment agreed to.More Button

I move amendment No. 126:More Button

  Amendment agreed to.More Button

I move amendment No. 127:More Button

  Amendment agreed to.More Button

I move amendment No. 128:More Button

  Amendment agreed to.More Button

I move amendment No. 129:More Button

  Amendment agreed to.More Button

I move amendment No. 130:More Button

  Amendment agreed to.More Button

I move amendment No. 131:More Button

  Amendment agreed to.More Button

I move amendment No. 132:More Button

  Amendment agreed to.More Button

I move amendment No. 133:More Button

  Amendment agreed to.More Button

I move amendment No. 134:More Button

  Amendment agreed to.More Button

I move amendment No. 135:More Button

  Amendment agreed to.More Button

I move amendment No. 136:More Button

  Amendment agreed to.More Button

I move amendment No. 137:More Button

  Amendment agreed to.More Button

I move amendment No. 138:More Button

  Amendment agreed to.More Button

I move amendment No. 139:More Button

  Amendment agreed to.More Button

I move amendment No. 140:More Button

  Amendment agreed to.More Button

I move amendment No. 141:More Button

  Amendment agreed to.More Button

I move amendment No. 142:More Button

  Amendment agreed to.More Button

I move amendment No. 143:More Button

  Amendment agreed to.More Button

I move amendment No. 144:More Button

  Amendment agreed to.More Button

I move amendment No. 145:More Button

  Amendment agreed to.More Button

I move amendment No. 146:More Button

  Amendment agreed to.More Button

I move amendment No. 147:More Button

  Amendment agreed to.More Button

I move amendment No. 148:More Button

  Amendment agreed to.More Button

I move amendment No. 149:More Button

  Amendment agreed to.More Button

I move amendment No. 150:More Button

  Amendment agreed to.More Button

I move amendment No. 151:More Button

  Amendment agreed to.More Button

Action Plan for Jobs

The Action Plan for Jobs gives a clear mandate to Enterprise Ireland to drive entrepreneurship and new business start-ups. In direct response to the demands of entrepreneurs and client companies, ...More Button

The number of High potential and early stage start-ups that are funded is the culmination of a high level of engagement by Enterprise Ireland with entrepreneurs to build their business propositio...More Button

In 2014 Enterprise Ireland through its Competitive Start Fund is targeting three new sources of entrepreneurs:More Button

- Graduates;More Button

- Entrepreneurs focussed on the aviation sector; andMore Button

- Entrepreneurs with ideas for new manufacturing technologies.More Button

It is challenging, in advance, to gauge the number of potential applicants in these areas and the number of high potential projects that will emerge as they are new areas of focus for Enterprise ...More Button

In addition to this support Enterprise Ireland provides advice to 1,300 early stage entrepreneurs and works intensively with over 350 pre seed start-ups to help them to build an investor ready bu...More Button

The Action Plan for Jobs 2014 contains a number of specific actions that will support the manufacturing sector in Ireland including the introduction of a targeted Call for Innovation Vouchers for t...More Button

In order to increase the levels of innovation, competitiveness, and the long term sustainability of the manufacturing sector it is critical that manufacturing firms increase their levels of R&D. ...More Button

One such support is the Enterprise Ireland Innovation Voucher Initiative which is designed to drive an on-going innovation cultural shift within small enterprise by promoting and encouraging a tr...More Button

Enterprise Ireland are currently planning a targeted promotion campaign to highlight the Innovation Voucher programme as vehicle to encourage manufacturing companies, with the aid of higher level...More Button

Big Data and Data Analytics represent a huge growth opportunity for Ireland. Building on initiatives and investments made in 2013, the Action Plan for Jobs 2014 contains a number of further actions...More Button

The Innovation Voucher initiative has proven to be a very useful tool in encouraging companies to embark on initial innovation projects and to collaborate with higher education research groups. T...More Button

As part of the Action Plan for Jobs 2014 it was decided that this instrument could be used to introduce relevant companies to the opportunities represented by effective use of data analytics. Ent...More Button

Enterprise Ireland operates a range of supports to help companies engage with third level researchers to undertake collaborative research for the benefit of the company. In this way Irish companie...More Button

The 2014 target of 825 supported collaborative research projects between industry and academia was set by Enterprise Ireland based on its experience of working with industry and in supporting col...More Button

Action 142 in the Action Plan for Jobs 2014 calls for the development of strategic partnerships with major stakeholders in Northern Ireland. In terms of delivering this Action, a Quarter 1 2014 ti...More Button

This Action has been delivered on time. On 22 January 2014 SFI and DELNI formally signed a Memorandum of Understanding in Armagh. The two organisations have agreed to the implementation of a co...More Button