Companies Act 2014
F399 [ Modification of definition of “ ineligible entities ” in case of PLCs
1116A. The definition of ‘ ineligible entities ’ in section 275(1) shall apply to a PLC as if —
(a) in paragraph (c) , ‘ undertakings, ’ were substituted for ‘ undertakings, or ’ ,
(b) in paragraph (d)(ii) , ‘ shall be read accordingly, or ’ were substituted for ‘ shall be read accordingly; ’ , and
(c) the following paragraph were inserted after paragraph (d) :
‘ (e) are PLCs; ’ . ]
Substituted (9.06.2017) by Companies (Accounting) Act 2017 (9/2017), s. 75, S.I. No. 246 of 2017, art. 3, subject to transitional provision in art. 4.
The section heading is taken from the amending section in the absence of one included in the amendment.