Companies (Corporate Enforcement Authority) Act 2021

Number 48 of 2021

COMPANIES (CORPORATE ENFORCEMENT AUTHORITY) ACT 2021

REVISED

Updated to 11 June 2023

This Revised Act is an administrative consolidation of the Companies (Corporate Enforcement Authority) Act 2021. It is prepared by the Law Reform Commission in accordance with its function under the Law Reform Commission Act 1975 (3/1975) to keep the law under review and to undertake revision and consolidation of statute law.

All Acts up to and including the Regulated Professions (Health and Social Care) (Amendment) Act 2023 (14/2023), enacted 6 June 2023, and all statutory instruments up to and including the Companies (Corporate Enforcement Authority) Act 2021 (Section 35) (Commencement) Order 2023 (S.I. No. 292 of 2023), made 7 June 2023, were considered in the preparation of this Revised Act.

Disclaimer: While every care has been taken in the preparation of this Revised Act, the Law Reform Commission can assume no responsibility for and give no guarantees, undertakings or warranties concerning the accuracy, completeness or up to date nature of the information provided and does not accept any liability whatsoever arising from any errors or omissions. Please notify any errors, omissions and comments by email to

revisedacts@lawreform.ie.


Number 48 of 2021


COMPANIES (CORPORATE ENFORCEMENT AUTHORITY) ACT 2021

REVISED

Updated to 11 June 2023


CONTENTS

PART 1

Preliminary and General

Section

1. Short title, collective citation and commencement

2. Definition

3. Repeal

PART 2

Amendment of Principal Act - Corporate Enforcement Authority

4. Amendment of section 2 of Principal Act

5. Amendment of section 12 of Principal Act

6. Amendment of section 930A of Principal Act

7. Amendment of section 930B of Principal Act

8. Amendment of section 936A of Principal Act

9. Amendment of section 936B of Principal Act

10. Amendment of Part 15 of Principal Act

11. Amendment of Principal Act - insertion of Schedule 22

12. Amendment of Principal Act in relation to references to Director

13. Savings

PART 3

Amendment of Principal Act - Share Capital

14. Amendment of section 71 of Principal Act

15. Amendment of section 82 of Principal Act

16. Amendment of section 91 of Principal Act

17. Amendment of section 106 of Principal Act

18. Amendment of section 109 of Principal Act

19. Amendment of section 123 of Principal Act

20. Amendment of section 480 of Principal Act

21. Amendment of section 503 of Principal Act

22. Amendment of section 1043 of Principal Act

23. Amendment of section 1045 of Principal Act

24. Amendment of section 1087A of Principal Act

25. Amendment of section 1230 of Principal Act

PART 4

Amendment of Principal Act - Corporate Governance

26. Amendment of section 131 of Principal Act

27. Amendment of section 151 of Principal Act

28. Amendment of section 184 of Principal Act

29. Amendment of section 930 of Principal Act

30. Disapplication of section 181(5)(d) in respect of certain CLGs

PART 5

Amendment of Principal Act - Miscellaneous

31. Amendment of section 198 of Principal Act

32. Amendment of section 633 of Principal Act

33. Amendment of section 681 of Principal Act

34. Amendment of section 819 of Principal Act

35. Cases in which director must supply certain data

PART 6

Consequential Amendment to Irish Collective Asset-management Vehicles Act 2015

36. Corporate Enforcement Authority

SCHEDULE 1

Insertion of Schedule 22 to Principal Act

SCHEDULE 2

Amendment of Principal Act in relation to References to Director of Corporate Enforcement



Number 48 of 2021


COMPANIES (CORPORATE ENFORCEMENT AUTHORITY) ACT 2021

REVISED

Updated to 11 June 2023


An Act to amend the Companies Act 2014 to establish a body to be known as An tÚdarás um Fhorfheidhmiú Corparáideach or, in the English language, the Corporate Enforcement Authority, to replace, and perform the functions previously performed by, the Director of Corporate Enforcement; to make provision for certain other amendments to that Act relating to the share capital of companies or the corporate governance of companies; to make consequential amendments to that Act and the Irish Collective Asset-management Vehicles Act 2015; and to provide for related matters.

[22nd December, 2021]

Be it enacted by the Oireachtas as follows: