Source: http://www.irishstatutebook.ie/eli/2014/act/38/section/1173/enacted/en/html
Timestamp: 2019-07-21 12:53:02
Document Index: 424987872

Matched Legal Cases: ['arts 1', 'arts 1', 'arts 2', 'arts 1', 'arts 1', 'arts 1', 'art 2', 'art 3', 'art 3', 'art 3', 'art 9']

Companies Act 2014, Section 1173
Application of Parts 1 to 14 to CLGs
1173. (1) The provisions of Parts 1 to 14 apply to a CLG except to the extent that they are disapplied or modified by—
(b) any other provision of this Part.
(2) For the purposes of that application, section 10 (1) shall have effect as if it read—
“(1) Unless expressly provided otherwise, a reference in Parts 2 to 14 to a company is a reference to a CLG.”.
(3) Any of Parts 1 to 14 that makes provision by reference to—
(a) membership arising by virtue of a shareholding, or
(b) right or incidents of membership, including the right to vote or receive a distribution, arising by virtue of a shareholding,
shall be read, in the case of a CLG, as making such provision in the analogous context in which membership, or rights or incidents of membership, may arise in the case of a CLG.
(4) Subsection (3) is without prejudice to the generality of the application and adaptation of Parts 1 to 14 provided by subsections (1) and (2) or any specific adaptation provided by a subsequent section of this Part.
(5) The provisions of this Act specified in the Table to this section shall not apply to a CLG.
(6) The specification in the foregoing Table of a provision (a “specified provision”) of Parts 1 to 14 also operates to disapply to a CLG any other provision of those Parts (notwithstanding that it is not specified in that Table) that makes consequential, incidental or supplemental provision on, or in relation to, the specified provision.
Provision disapplied
Way of forming a private company limited by shares
Certificate of incorporation to state that company is a private company limited by shares
Section 26 (1) to (4)
Chapter 6 of Part 2
Power to convert shares into stock, etc.
Allotment of shares and variation in capital
Chapters 3 and 4 of Part 3
Chapter 5 of Part 3 (save section 94 in so far as it relates to debentures)
Chapter 6 of Part 3 (save sections 113 to 116 )
Share qualifications of directors
Director voting on contract, etc., in which director is interested
Section 161 (7)
Holding of any other office or place of profit under the company by a director
Section 320 (1)
Directors' report as it relates to dividends
Section 326 (1)(d)
Chapter 2 of Part 9