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ARTICLE · 13 JUNE 2013

Update On The Companies Bill 2012

Mason Hayes & Curran LLP
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The Companies Act 1963 and the many amendments, other acts and orders which govern company law in Ireland will shortly make way for an all-encompassing new company law regime.

IrelandCorporate/Commercial Law
Paula Phelan
Paula Phelan
Ken Faulkner
Ken Faulkner
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The Companies Act 1963 and the many amendments, other acts and orders which govern company law in Ireland will shortly make way for an all-encompassing new company law regime. The Companies Bill 2012 (the "Bill"), which is currently making its way through the Oireachtas, is expected to be signed in 2014 but not to come into force until three to six months after enactment.

Changes to Existing Private Companies Limited by Shares

The Bill significantly changes the administration of company law in Ireland and will have a fundamental impact on all companies registered in Ireland, particularly private companies limited by shares which account for approximately 89% of all companies registered.

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