Companies Act 2014

1365.

Interpretation ( Chapter 2)

F488 [ 1365. (1) In this Chapter

Commission Implementing Directive means Commission Implementing Directive (EU) 2015/2392 of 17 December 2015 on Regulation (EU) No. 596/2014 of the European Parliament and of the Council as regards reporting to competent authorities of actual or potential infringements of that Regulation;

CSMA Directive means Directive 2014/57/EU of the European Parliament and of the Council of 16 April 2014 on criminal sanctions for market abuse (market abuse directive);

Irish market abuse law means

( a ) regulations for the time being in force under section 3 of the European Communities Act 1972 made for the purpose of giving

( i ) full effect to provisions of the Market Abuse Regulation, or

( ii ) effect to provisions of the Commission Implementing Directive or the CSMA Directive,

or both,

( b ) any other enactment (other than, save where the context otherwise admits, this Chapter) enacted for the purpose of giving

( i ) full effect to provisions referred to in paragraph (a)(i) of this definition, or

( ii ) effect to provisions referred to in paragraph (a)(ii) of this definition,

or both,

( c ) any measures directly applicable in the State in consequence of the Market Abuse Regulation, and

( d ) any supplementary and consequential measures adopted for the time being by the State in respect of the Market Abuse Regulation or either of the foregoing Directives;

Market Abuse Regulation means Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC;

Minister means the Minister for Finance.

(2) A word or expression that is used in this Chapter and is also used in the Market Abuse Regulation, the Commission Implementing Directive or the CSMA Directive shall have, in this Chapter, the same meaning as it has in that Regulation or either of those Directives, unless

( a ) the contrary intention appears, or

( b ) Irish market abuse law provides otherwise. ]

Annotations

Amendments:

F488

Substituted (26.10.2016) by Finance (Certain European Union and Intergovernmental Obligations) Act 2016 (13/2016), s. 8(a), commenced on enactment.