S.I. No. 219/2015 - Companies Act 2014 (Section 623 Account) Regulations 2015.


Notice of the making of this Statutory Instrument was published in

“Iris Oifigiúil” of 2nd June, 2015.

I, RICHARD BRUTON, Minister for Jobs, Enterprise and Innovation, in exercise of the powers conferred on me by sections 12 and 623 of the Companies Act 2014 (No. 38 of 2014), hereby make the following regulations:

1. These Regulations may be cited as the Companies Act 2014 (Section 623 Account) Regulations 2015 and shall come into operation on 1 June 2015.

2. In these Regulations “Act of 2014” means the Companies Act 2014 (No.38 of 2014).

3. The account maintained by the Accountant under the control of the High Court in accordance with the Rules of the Superior Courts, and known as “The Companies Liquidation Account”, is prescribed as the account for the purpose of section 623 of the Act of 2014.

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GIVEN under my Official Seal,

29 May 2015.

RICHARD BRUTON,

Minister for Jobs, Enterprise and Innovation.

EXPLANATORY NOTE

(This note is not part of the Instrument and does not purport to be a legal interpretation.)

The purpose of these Regulations is to prescribe the account to be maintained in accordance with section 623 of the Companies Act 2014 .