Tuesday 23 December 2014

Ireland: Companies Act 2014 becomes law

The Companies Bill 2012 was signed by the President today and, as the Companies Act 2014, became law: see here. A copy of the Bill, as it stood before signing by the President, is available here (volume 1, pdf) and here (volume 2, pdf).

The Act is expected to come into force during the middle of next year; secondary legislation will follow in the new year. It is the largest piece of legislation to be enacted by the Oireachtas and contains Ireland's new company law framework. It consolidates the existing 17 Companies Acts, which date from 1963 to 2013.

A short overview of the Act, focusing in particular on the reforms it will introduce for private companies, is available here. There is also further information on the Companies Registration Office website: see here.

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