Tuesday 14 April 2015

Ireland: Companies (Amendment) Bill 2015 - officer liability for breaches of employment law

The Companies (Amendment) Bill 2015 was introduced in the Dáil Éireann earlier this year: see here. It is a Private Member's Bill and a copy, as introduced, is available here (pdf). The Bill will, if enacted, amend the Companies Act 2014 by inserting the following new subsection in section 224 ("Directors to have regard to interests of employees") of the 2014 Act:

(3) Where a breach of employment law is committed by a body corporate or by a company officer or officers acting on behalf of a body corporate and is determined to have been so committed, with the consent, connivance or approval of, or to have been attributable to any neglect on the part of, a person or persons who, when the breach was committed was a company officer or officers of the body corporate, then that person or persons shall be personally liable for the breach committed.”

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