Companies Act 2014

1354.

Regulations ( Chapter 1)

1354. (1) The Minister may make regulations for the purposes of—

(a) giving effect to the 2003 Prospectus Directive; and

(b) supplementing and making consequential provision in respect of the Prospectus Regulation.

(2) Regulations under this section may contain such incidental, supplementary and consequential provisions as appear to the Minister to be necessary or expedient for the purposes of those regulations, including—

(a) provisions creating offences (but the regulations may only provide penalties in respect of a summary conviction for any such offence); and

(b) provisions revoking instruments made under other enactments.

(3) This section is without prejudice to section 3 of the European Communities Act 1972.

Annotations:

Amendments:

F440

Substituted by Finance (Tax Appeals and Prospectus Regulation) Act 2019 (39/2019), s. 19(a), (b), not commenced as of date of revision, subject to transitional provisions in s. 25.

Modifications (not altering text):

C180

Prospective affecting provision: subs. (1)(a) substituted and (b) amended by Finance (Tax Appeals and Prospectus Regulation) Act 2019 (39/2019), s. 19, not commenced as of date of revision, subject to transitional provisions in s. 25.

F440 [ (a) giving further effect to the Prospectus Regulation; and ]

(b) supplementing and making consequential provision in respect of the F440 [ delegated acts ].

Editorial Notes:

E115

Power pursuant to section exercised (16.12.2015) by Prospectus (Directive 2003/71/EC) (Amendment) (No. 2) Regulations 2015. (S.I. No. 567 of 2015), in effect as per reg. 2.

E116

Power pursuant to section exercised (24.09.2015, 1.01.2016) by Prospectus (Directive 2003/71/EC) (Amendment) Regulations 2015 (S.I. No. 406 of 2015), in effect as per reg. 2.