S.I. No. 63 of 1999

Companies Act, 1963 (Ninth Schedule) Regulations, 1999

I, Noel Treacy, Minister of State at the Department of Enterprise, Trade and Employment, in exercise of the powers conferred on me by section 250(2) of the Companies Act, 1990 (No. 33 of 1990), (as adapted by the Enterprise and Employment (Alteration of Name of Department and Title of Minister) Order, 1997 (S.I. No. 305 of 1997), and the Enterprise, Trade and Employment (Delegation of Ministerial Functions) Order, 1998 (S.I. No. 265 of 1998)), hereby make the following regulations:

1. (1) These Regulations may be cited as the Companies Act, 1963 (Ninth Schedule) Regulations, 1999.

(2)  These Regulations shall be construed as one with the Companies Act, 1963 (No.33 of 1963).

2. These Regulations shall come into operation on the 1st day of April, 1999.

3. The list of provisions of the Companies Acts specified in the Ninth Schedule to the Principal Act is hereby altered as follows:

(a)  under the heading “Principal Act”, by the insertion –

(i)  in the column relating to subject matter, after “Prospectuses and allotments.” of the following:

“Validation of invalid issue, redemption or purchase of shares.”

(ii)  in the column relating to provisions applied, opposite the matter inserted by subparagraph (i) of this paragraph of “Section 89.”,

(b)  under the heading “Companies (Amendment) Act, 1983”, by the insertion in the column relating to provisions applied, after “Sections 43, “ of “43A,”,

(c)  under the heading “Companies Act, 1990”, by the insertion after “Parts VII, IX, X” of “,XI”,

(d)  at the end of the Schedule by the insertion of:

“EUROPEAN COMMUNITIES (PUBLIC LIMITED COMPANIES SUBSIDIARIES) REGULATIONS, 1997 (S.I. NO. 67 OF 1997)

Provisions applied

______

All of the Regulations.

______”.

GIVEN under my hand,

This 5th day of March, 1999.

Noel Treacy

Minister of State at the Department of Enterprise, Trade and Employment.

EXPLANATORY NOTE

(This Note is not part of the instrument and does not purport to be a legal interpretation).

The purpose of this Order is to facilitate the application of Part XI of the Companies Act, 1990, as altered by the Companies Act 1963 (Ninth Schedule) Regulations, 1999 to unregistered companies, by making some necessary modifications in the application of that Part to such unregistered companies.

PN No. 6954

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