Company Law Enforcement Act, 2001

Amendment of section 30 of Act of 1990.

102.—Section 30 of the Act of 1990 is amended by the insertion of the following after subsection (3):

“(3A) Nothing in this section shall prevent a person from acquiring a right to shares in a company pursuant to a scheme approved by the Revenue Commissioners for the purposes of the Tax Acts and the Capital Gains Tax Acts, and in respect of which approval has not been withdrawn at the time the right is obtained.”.