Companies Act 2014

953.

Liability of Director or officer for acts and omissions

953. Neither—

(a) the Director or a former Director, nor

(b) a present or former officer of the Director,

is liable for damages for anything done, anything purported to be done or anything omitted to be done by him or her in performing a function under this Act, unless the act or omission is shown to have been in bad faith.

Annotations

Modifications (not altering text):

C163

Application of section extended (12.03.2015) by Irish Collective Asset-management Vehicles Act 2015 (2/2015), s. 192(2), S.I. No. 85 of 2015; this section commenced (1.06.2015) by Companies Act 2014 (Commencement) Order 2015 (S.I. No. 169 of 2015).

Director of Corporate Enforcement

192.(1) Sections 953, 956 and 957 of the Companies Act 2014 have effect as if references to that Act included this Act.

(2) Without prejudice to the generality of subsection (1), and in addition to the functions under section 949 of the Companies Act 2014 , the Director of Corporate Enforcement may perform the functions conferred on the Director of Corporate Enforcement by this Act and do such acts or things as are necessary or expedient in the performance of those functions.