Companies (Amendment) Act, 1986

Scope of Act.

2.—(1) This Act does not apply to—

(a) a company not trading for the acquisition of gain by the members,

(b) a company to which subsection (4) (c) of section 128 of the Principal Act applies,

(c) a company in respect of which there is in force an order under subsection (5) of that section.

(2) Sections 3 to 6 , 8 to 12 , 17 to 19 , and 24 of this Act do not apply in relation to—

(a) a company that is the holder of a licence under the Central Bank Act, 1971 ,

(b) a company that is a trustee savings bank certified under the Trustee Savings Banks Acts, 1863 to 1965,

(c) a company engaged solely in the making of hire-purchase agreements (within the meaning of the Hire-Purchase Act, 1946 ) and credit-sale agreements (within the meaning of that Act), in respect of goods owned by the company,

(d) a company engaged in the business of accepting deposits or other repayable funds or granting credit for its own account,

(e) Agricultural Credit Corporation, public limited company,

(f) Fóir Teoranta, or

(g) Industrial Credit Corporation Public Limited Company.

(3) Sections 3 to 12 , 17 to 19 and 24 of this Act do not apply in relation to a company that is the holder of an authorisation under the European Communities (Non-Life Insurance) Regulations, 1976 (S.I. No. 115 of 1976), or an authorisation under the European Communities (Life Assurance) Regulations, 1984 (S.I. No. 57 of 1984).